Certificate of Achievement
has completed the following course:
An Introduction to the Principles of Microeconomics
This course covered the key principles of microeconomics as well as the theories underpinning modern economies. Learners developed an understanding of the interaction between individuals and firms and how markets work to solve the economic problem. This course has provided an insight into how markets fail and how government can correct these failures.
4 weeks, 3 hours per week
Graeme McSherry
Head of Economics
Manchester Grammar School
Transcript
Learning outcomes
- Develop an understanding of the economic problem
- Develop an understanding of how economists have sought to solve the basic economic problem
- Discuss the importance of economics in guiding policy makers
- Explain how microeconomic theory can be used to analyse the world around us
Syllabus
- The Economic problem and systems to solve it
- Consumer choice theory
- Demand and elasticities
- Firms and production
- Market failures
- Government interventions
Issued on 7th December 2023
The person named on this certificate has completed the activities in the transcript above. For more information about Certificates of Achievement and the effort required to become eligible, visit futurelearn.com/proof-of-learning/certificate-of-achievement.
This certificate represents proof of learning. It is not a formal qualification, degree, or part of a degree.