Pearson

Principles of Microeconomics Specialization

Pearson

Principles of Microeconomics Specialization

Microeconomics Principles And Market Analysis.

Analyze Markets, Consumer Behavior, And Economic Decision Making

Pearson

Instructor: Pearson

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Beginner level

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4 weeks to complete
at 10 hours a week
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Get in-depth knowledge of a subject
Beginner level

Recommended experience

4 weeks to complete
at 10 hours a week
Flexible schedule
Learn at your own pace

What you'll learn

  • Apply the economic way of thinking to analyze how scarcity influences the decisions of individuals, firms, and markets.

  • Evaluate how market structures and government policies impact market efficiency, resource allocation, and fairness.

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Taught in English
Recently updated!

July 2026

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Specialization - 8 course series

Introduction to Economic Concepts

Introduction to Economic Concepts

Course 1, 5 hours

What you'll learn

  • Explain the fundamental questions and core principles that define the economic way of thinking.

  • Apply principles of scarcity, opportunity cost, and trade to analyze economic decision-making and the potential for growth.

Supply and Demand

Supply and Demand

Course 2, 4 hours

What you'll learn

  • Analyze how supply and demand interact to determine market equilibrium.

  • Apply elasticity concepts to evaluate the responsiveness of supply and demand to market changes.

Economic Efficiency and Its Obstacles

Economic Efficiency and Its Obstacles

Course 3, 5 hours

What you'll learn

  • Evaluate the efficiency and fairness of market outcomes and different methods for allocating scarce resources.

  • Analyze the effects of government interventions, such as taxes and price controls, on market efficiency and equity.

International Trade, Public Goods, and Externalities

International Trade, Public Goods, and Externalities

Course 4, 5 hours

What you'll learn

  • Analyze the economic impact of global trade and the effects of trade restrictions on market participants.

  • Evaluate market failures, including public goods and externalities, and the role of government in promoting efficient outcomes.

Consumer Choice

Consumer Choice

Course 5, 4 hours

What you'll learn

  • Analyze consumer choices and demand by applying marginal utility theory and indifference curves.

  • Evaluate a firm's short-run and long-run costs to explain its production and profit-maximizing decisions.

Perfect Competition & Monopoly

Perfect Competition & Monopoly

Course 6, 4 hours

What you'll learn

  • Analyze how price, output, and profit are determined in perfectly competitive markets in the short and long run.

  • Evaluate a monopoly's pricing strategies, output decisions, and the impacts of regulation and price discrimination.

Monopolistic Competition & Oligopoly

Monopolistic Competition & Oligopoly

Course 7, 4 hours

What you'll learn

  • Analyze the profit-maximizing decisions and strategic interactions of firms in monopolistic competition and oligopoly.

The Labor Market & Inequality

The Labor Market & Inequality

Course 8, 4 hours

What you'll learn

  • Analyze how supply and demand in factor markets determine resource prices and employment levels.

  • Evaluate the causes of economic inequality and the government policies used to redistribute income.

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Instructor

Pearson
Pearson
152 Courses179 learners

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Pearson

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