MGT-454: Principles of microeconomics

Lectures in this course (17)

Explores microeconomic principles, market equilibrium, state interventions, and the functioning of a pure market economy.

Explores the state's role in market economy, resource allocation, income redistribution, and consumer optimization.

Covers market failures, state interventions, public goods, externalities, and natural monopolies.

Explores consumer preferences, optimal choices, labor supply, and saving supply in microeconomics.

Explores production theory, costs, and returns in relation to a producer's behavior and cost structure.

Explores price elasticity of supply, production factors, and optimal choices in production.

Analyzes production factors in short and long run, isoquants, market equilibrium, and consumer surplus.

Explores profit maximization conditions, resource variation effects, expansion paths, and state interventions in microeconomics.

Explores state interventions in markets, focusing on price fixation, taxation, and monopolies.

Delves into monopoly, market power, price discrimination, and labor market dynamics.

Discusses monopsony, labor market dynamics, and various market structures' impact on pricing and production decisions.

Explores imperfect competition, cartels, and oligopoly dynamics in markets, analyzing pricing strategies and market outcomes.

Explores game theory, decision-making in interdependent environments, equilibrium concepts, and economic applications in management.

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