Microeconomics

Microeconomics focuses on the individual actions of sellers (producers) and buyers (consumers) and how those actions have consequences for the availability, distribution, and utilization of scarce resources.

$ 49.00

 


Microeconomics focuses on the individual actions of sellers (producers) and buyers (consumers) and how those actions have consequences for the availability, distribution, and utilization of scarce resources. 

An understanding of microeconomics explains decisions at the organizational level – businesses, companies, and nonprofit entities. 

Leveraging the foundational principles of microeconomics is essential for designing strategy, particularly in the sales and marketing functions. 

This module examines the areas of consumer choice, supply and demand, market elasticity, and production and costs.

  1. Understand scarcity.
  2. Understand choice and how it is linked to scarcity.
  3. Understand why people make trade-offs.
  4. Understand opportunity cost.
  5. Understand how rational people make decisions at the margins.
  6. Understand incentives.
  7. Understand the role of supply and demand in economics.
  8. Understand the concept of elasticity in its various forms.

The Leading Edge Learning® modules are created specifically for today’s learners who demand interaction and engagement with online learning opportunities. Sequential presentation of largely static content in page-after-page delivery is not the best delivery experience for adult learners.

This module can be used for both Higher Education and Business & Industry. For example:


Higher Education - Review module in a business and business-related capstone course. Use as a module within an academic leveling program. 


Business, Industry, Nonprofits, & Agencies - Training supervisors and managers on microeconomics. Helping business development personnel understand the nature of microeconomics.    

Pricing is based on number of learner hours and the annual expected quantities. Modules are sold individually and in course packs. Contact us to develop a customized solution that works for your specific requirements.

The quantity-based pricing of this module is as follows:


1-100 Learners per Year - $49 per Learner


101-500 Learners per Year - $44 per Learner


500+ Learners per Year - $39 per Learner


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