Online Course – Certified Professional Internship in Principles of Microeconomics from the University of Illinois at Urbana-Champaign

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קורס אונליין - התמחות מקצועית מוסמכת בעקרונות מיקרו כלכלה של אוניברסיטת אילינוי אורבנה-שמפיין

Professional Certificate

Beginners

No prior knowledge required

Time to complete the course

7-day free trial

No unnecessary risks

Skills you will acquire in the course

  • economy
  • Business Economics
  • Supply and demand
  • Public policy

What you will learn in the course

Courses for which the course is suitable

  • economist
  • Market Analyst
  • Financial advisor
  • Product Manager
  • Researcher in the field of economics
  • Public Policy Expert
  • Economic Project Manager
  • Economic data analyst
  • Financial advisor
  • Labor Market Analysis Specialist

Internship – Series of 4 courses

Welcome to the specialization focused on the principles of microeconomics. This program is not only about studying finance, but also examines the functional roles of decision makers, both consumers and producers, within the broader economic system.

Courses

  • Introduction to the nature and functions of product markets
  • Theory of business under different conditions of competition and monopoly
  • Roles played by the government in promoting the efficiency of the economy

We will dive into fascinating topics such as:

  • environment
  • Love and marriage
  • crime
  • Labor markets
  • Education
  • politics
  • sport
  • business

Target audience

This program is perfect for:

  • Students
  • Professionals interested in economics
  • Anyone who wants to make more informed financial decisions

The only requirements for this course are an open mind and a desire to explore the fascinating world of economics from unique angles.

Hands-on Learning Project

At the end of this internship, you will acquire essential skills, including:

  • Understanding consumer and business behavior
  • Analysis of different market structures
  • Applying economic principles in everyday life
  • Using supply and demand diagrams to better understand the impact of changes in supply and demand on price and quantity

Details of the courses that make up the specialization

Microeconomics – Principles

Course 1 • 8 hours • 4.8 (3,122 ratings)

Course Details

  • What you will learn:
    • Identifying hidden costs of everything
  • Skills you will acquire
  • Categories:
    • economy
    • Critical thinking
    • Microeconomics
    • Economic analysis

Market awareness, government policy and flexibility

Course 2 • 6 hours

Course Details

  • What you will learn:
    • Surplus and Social Welfare: Applying the concept of surplus to measure economic welfare and using an income and expenditure model to illustrate it
    • Impact of government interventions: Understanding how government interventions (such as price controls) affect social welfare using the income and expenditure model
    • Price Elasticity of Demand: Learn how to determine commodity categories based on price elasticity of demand and predict how price changes might affect revenue
    • Tax Impact Analysis: Use an understanding of price elasticity of demand to determine the distributional and income effects of an indirect tax.
  • Skills you will acquire
  • Categories:
    • economy
    • Income and Expense
    • Public policy

Theory of society

Course 3 • 8 hours

Course Details

  • What you will learn:
    • Learn to apply marginal returns to inputs, a company’s key costs, and changes in costs over time.
    • Understanding perfect competition, profit maximization, and optimal production
    • Learn about market structures and distinguish profit margins in different companies in order to assess profitability
    • Investigate the welfare effects of market power, types of price discrimination, and their social impact
  • Skills you will acquire
  • Categories:
    • economy
    • Business Economics
    • Income and Expense

Public goods, common and external resources

Course 4 • 3 hours

Course Details

  • What you will learn:
    • Understanding the free buyer problem: Developing knowledge about the free buyer problem and its effects on products and services in the economy
    • Spendability and Stratification: Learn how to classify a product based on spendability and strife
    • Public Goods: Investigate the challenges associated with delivering public goods and understand the reasons for these difficulties
    • Market Externalities: Identifying different types of market externalities and recognizing why markets often have difficulty dealing with these externalities
  • Skills you will acquire
  • Categories:
    • economy
    • Income and Expense
    • Public policy

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