This course provides an introduction to the key concepts of microeconomics which include analysis of demand, supply, production costs, market structures, and resource allocation. Microeconomics deals primarily with the decision making of smaller economic entities such as individuals, families, and firms. An important theme of this course is how the firm makes decisions based on the interaction between production costs and market demand.
The podcasts are pre-recorded MP3 audio files of class lecture that students would hear in a traditional classroom setting. Recordings may be paused at any time. PowerPoint slides are provided for each lecture to assist students in taking notes.