Designed for
Students who already have a foundation in economics
Level
Intermediate
Class Format
Small group
Class Hours
2 classes per week, 90 minutes each class, a total of 10 classes
WHAT YOU WILL LEARN
- Understand the concepts of opportunity cost, incentives, and tradeoffs
- Use supply and demand analysis to predict how businesses and consumers will respond to changing market conditions
- Understanding profit maximization and cost structures for businesses
- Compare firms in different market structures – perfect and imperfect competition