Introduction to Microeconomics Analytical Building Blocks for Business by Robert Connolly Microeconomics is at the heart of a wide range of real-world problems in the areas of business, finance, law, and public policy. For this reason, a course in microeconomics is not only a practical tool for many professions but also a common requirement for many business, social science, and humanities degrees. TeleWEBcourse, Introduction to Microeconomics familiarizes students with the basic concepts of microeconomics, with particular emphasis on applicability to business problems. You try to staff against the demand curve, but there are times when you get caught. This telecourse explores the basic theories and models of microeconomics so students and business persons can make decisions based on solid micro-economic theory.
Students have a chance to see for themselves how microeconomic theories work on an everyday basis.
His firm has to make a number of decisions at the micro level, many of which are directed toward adapting and meeting the needs of customers. We go behind the scenes to meet Wolfgang and his managers and on-location staff to study how microeconomics explains the decisions they make. Students are introduced to some very basic ideas in microeconomics and see how useful they are in understanding the world around us. In positive economics, we try to build an understanding of behavior across a wide variety of settings. In normative economics, by comparison, we try to make an assessment of whether we were better off after we did something or after something changed.