What will you learn in Firm Level Economics: Consumer and Producer Behavior Course
Understand how firms make economic decisions under varying market conditions.
Analyze how firms allocate resources efficiently.
Explore the relationship between market structures and pricing strategies.
Apply economic models to real business scenarios.
Program Overview
Module 1: Introduction to Firms and Markets
⏳ 1 week
Topics: Firm behavior, supply & demand basics, market equilibrium
Hands-on: Identify how firms interact in different market settings
Module 2: Cost Structures & Production
⏳ 1 week
Topics: Short-run vs. long-run costs, economies of scale
Hands-on: Evaluate cost decisions in production planning
Module 3: Market Structures
⏳ 1 week
Topics: Perfect competition, monopolies, oligopolies
Hands-on: Compare pricing and output in various structures
Module 4: Firm Strategy in Competitive Markets
⏳ 1 week
Topics: Strategic decision-making, pricing models, barriers to entry
Hands-on: Analyze competitive dynamics using economic tools
Module 5: Allocation of Resources
⏳ 1 week
Topics: Efficiency, marginal analysis, welfare outcomes
Hands-on: Assess real-world case studies of resource allocation
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Job Outlook
Strong foundation for careers in consulting, economics, data analysis, and strategic planning.
Useful for MBA students and professionals in finance, business, or public policy.
Salaries range from $60K to $150K+ for roles that value microeconomic analysis and decision modeling.
Builds analytical skills required for roles in market research, corporate strategy, and business analysis.
Specification: Firm Level Economics: Consumer and Producer Behavior
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