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A great first overview of what is Microeconomics
An excellent training about Science
First Introduction to Microeconomics
This course is a perfect first introduction to Microeconomics. We will have a look at Consumer Theory and the Theory of the Firm. In that sessions, we will slowly introduce all the basis of the theories and illustrate everything with graphs. We will look at the demand and supply curves, how they react to change in prices and other shocks. We will also study the market equilibrium and the different types of markets (PPC, monopoly, oligopoly). You should be able to understand the differences between competitive equilibrium and monopoly equilibrium. And at the end, we will introduce some further notions of Microeconomics such as Price strategies, Strategic Interactions and Game Theory (Prisoner’s Dilemma), Public Goods and Externalities, Uncertainty and Information Asymmetry. If you are an Undergraduate student taking your first economics classes or if you just want to learn more about Microeconomics for your personal knowledge, you’ve come to the right place! All the sessions will finish with some quizzes and there will be 2 assignements. The exercises are here to help you check if you’ve understood the concepts, and if you have any doubt, don’t hesitate to go back to the lectures. I am also available to answer any question you may have.
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