Microeconomics

2 credit hours

This course explores key topics like supply and demand, consumer behavior, production costs, and pricing strategies, with a strong focus on practical applications that directly affect business decisions.

By the end of the course, you’ll have a solid understanding of microeconomic principles that will help you make smarter decisions in the business world. You’ll gain insight into the factors that shape supply and demand, and learn how shifts in these areas can influence prices, product availability, and revenue. We’ll dive into how consumers make purchasing decisions and how companies can influence these choices through thoughtful marketing strategies. You’ll also assess production costs and how they play into short-term and long-term planning, while exploring how businesses use pricing strategies to maximize profits. Additionally, the course covers how taxes, subsidies, and government regulations impact market efficiency and business operations.

Explore how you can customize your degree by selecting from wide-ranging concentrations of study that focus on specialized disciplines. You can also request information to learn more.

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