عن المادة
The course explains the basics of microeconomics in a simple way, like how prices affect resource allocation and how people, whether consumers or producers, make decisions. It also covers product and factor markets, as well as the government's role in improving efficiency and fairness in the economy
ماذا ستتعلم من هذه الدورة التدريبية
Understand how scarcity, trade-offs, opportunity cost, and cost-benefit analysis play a role in economic decisions.
Get familiar with the basic economic theories and concepts at the micro level.
Use supply and demand analysis to figure out how real-world events impact markets.
Look into how people behave when it comes to demanding products.
Interpret basic microeconomics data in a simple and clear way.
محتوى المادة
Economic systems
Technology and Capital Goods-Use of money-The Five Fundamental Questions
Answering the question of how to produce
The invisible hand-The circular flow model
Practice chapter 1&2
Demand
Supply
Market Equilibrium
Complex Cases
Price ceiling-Price floor
Price elasticity of demand
Elasticity of demand
Total revenue test
Price elasticity of supply
Part 1
Part 2
Part 3
MCQs
Solving questions part 1
Solving questions part 2
Solving questions part 3
Essay questions
Law of diminishing marginal utility
example of total utility and marginal utility
Utility Maximization
Example of utility maximization
Continue of example utility maximization
Indifference curve
Practice-part1
Practice-part 2
Practice-part 3
Production cost
Long-run ,Short-run production relationships
Total product, marginal product, average product
Total cost, fixed cost, variable cost
Important graphs
Economic profit-Accounting profit (practice)
Marginal product-Average product (practice)
ATC,AVC,AFC,MC (practice)
Long run production cost (practice)
Total cost (practice)
Four basic market model
Perfectly competitive market
Sketch the relationship between TC,TR,Profit
Finding Q and calculating profit
perfectly competitive market earns a loss
perfectly competitive market earns a profit
perfectly competitive market earns a Break-even_shutdown
competitive firm curves (practice)
Market structure (practice)
Perfectly competitive market table part1 (practice)
Perfectly competitive market table part2 (practice)
Total revenue_Marginal revenue (practice)
Total cost_Average cost table
Mcqs-part 1
Mcqs-part 2
economic profit-accounting profit
Practice very important concepts
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