BB-320: Principles of Microeconomics

Course Description

Principles of Microeconomics is an introductory and development undergraduate course that teaches the fundamentals of microeconomics. This course introduces microeconomic concepts and analysis, supply and demand analysis, theories of the firm and individual behavior, competition and monopoly, and welfare economics.
Course Learning Outcomes
At the completion of this course, a student will be able to:
  1. Apply the concept of opportunity cost to analyze how scarce resources are allocated.
  2. Define and analyze the components of Gross Domestic Product (GDP), and explain how they are used as country performance indicators.
  3. Define and analyze the components of Consumer Price Index (CPI) and explain how they are used to calculate inflation.
  4. Distinguish among various labor market indicators, such as labor force participation rate, unemployment rate, and be able to use data to calculate them.
  5. Construct the Aggregate Demand – Aggregate Supply model and apply it to explain business cycle fluctuations.
  6. Recognize technology used to assess and interpret economic variables.

Area of Focus

This course focuses on the the introduction of business knowledge

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This course is 8 weeks long. It is broken up into weekly modules
This is a 3-unit course. The units are required to complete the program.
The total cost for this BBA course is $450.0 Payment is paid in full.
The method of instruction for this BBA course is online.

Course Length

Total Units

Course Cost

Mode of Learning

This course is 8 weeks long. It is broken up into weekly modules

This a 3 unit course. The units are required to complete the program

The total cost for this BBA course is $450. Payment is paid in full

The method of instruction for this BBA course is online

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