What are the core topics covered in Microeconomics course?
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1 Answer
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Numerous topics are covered in Microeconomics courses, some core topics commonly covered in a Microeconomics syllabus include:
1. Introduction to Microeconomics
2. demand and supply analysis 3.Consumer behaviour
4. Production and cost analysis
5. Market structure
6. Theory of the firm
7. Factor Markets
8. Welfare Economics
9. Market Failures and Externalities
10. Introduction to Game Theory
11. Public Goods and Collective Choice.
Each of these topics tells us how individuals and firms decide to allocate resources or make a profit out of work.
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