About this Course
4.7
15 ratings
3 reviews
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Start instantly and learn at your own schedule.
Flexible deadlines

Flexible deadlines

Reset deadlines in accordance to your schedule.
Beginner Level

Beginner Level

Hours to complete

Approx. 27 hours to complete

Suggested: 11 weeks of study, 2-3 hours a week...
Available languages

English

Subtitles: English
100% online

100% online

Start instantly and learn at your own schedule.
Flexible deadlines

Flexible deadlines

Reset deadlines in accordance to your schedule.
Beginner Level

Beginner Level

Hours to complete

Approx. 27 hours to complete

Suggested: 11 weeks of study, 2-3 hours a week...
Available languages

English

Subtitles: English

Syllabus - What you will learn from this course

Week
1
Hours to complete
3 hours to complete

Introduction to Microeconomics for Managers

...
Reading
8 videos (Total 77 min), 2 readings, 1 quiz
Video8 videos
Intro to UCI's Power of Microeconomics15m
An Intro to Microeconomics for Managers6m
Microeconomics in Our Everyday Business & Personal Lives12m
Microeconomics Defined; Major Economic Models7m
The Scarcity Problem; Three Basic Questions Every Nation Must Answer6m
The Production Possibilities Frontier & Opportunity Costs9m
The Fundamental Concepts of Microeconomics & Course Overview12m
Reading2 readings
Syllabus10m
Weekly Topicss
Quiz1 practice exercise
Lesson 115m
Week
2
Hours to complete
2 hours to complete

Supply and Demand

...
Reading
5 videos (Total 51 min), 1 reading, 1 quiz
Video5 videos
Change in Demand vs. Change in Quantity Demanded; The Market Demand and Supply Curves; Supply Curve Shift Factors11m
Equilibrium; Price Effects of Supply and Demand Curve Shifts11m
Price Effects of Supply and Demand; Curve Effects5m
Supply & Demand Analysis in Business Action7m
Reading1 reading
Weekly Topicss
Quiz1 practice exercise
Lesson 2 Quiz15m
Week
3
Hours to complete
2 hours to complete

An Introduction to Consumer Theory

...
Reading
7 videos (Total 52 min), 1 reading, 1 quiz
Video7 videos
Consumer Choice; Cardinal vs. Ordinal Utility; Marginal vs. Total Utility; Downward Sloping Demand9m
Consumer Optimization; The Equimarginal Principle; Nominal vs. Real Income; Income and Substitution Effects10m
Demand Price Elasticity; The "Units of Measure" and "Choice of Units" Problems; Price Elasticity Formula7m
Elastic, Unit Elastic, and Inelastic Demand; Demand Price Elasticity Determinants8m
Price Elasticity and Total Revenue; Pricing and Marketing Strategies8m
Strategic Marketing and Microeconomics3m
Reading1 reading
Weekly Topicss
Quiz1 practice exercise
Lesson 315m
Week
4
Hours to complete
2 hours to complete

Production Theory

...
Reading
7 videos (Total 60 min), 1 reading, 1 quiz
Video7 videos
Average, Marginal, Variable, and Total Costs; The Marginal Product and Law of Diminishing Return9m
Marginal Cost; The AFC, ATC, and AVC Curves6m
Long Run Cost Analysis and Economies of Scale7m
Diseconomies of Scale; Minimum Efficient Scale; Natural Monopoly; The Structure-Conduct-Performance Paradigm11m
Accounting vs. Economic Profits8m
The Law of Supply; The Price Elasticity of Supply; An Overview of Operations and Supply Chain Management8m
Reading1 reading
Weekly Topicss
Quiz1 practice exercise
Lesson 415m

Instructor

Avatar

Dr. Peter Navarro

Professor
Paul Merage School of Business

About University of California, Irvine

Since 1965, the University of California, Irvine has combined the strengths of a major research university with the bounty of an incomparable Southern California location. UCI’s unyielding commitment to rigorous academics, cutting-edge research, and leadership and character development makes the campus a driving force for innovation and discovery that serves our local, national and global communities in many ways....

Frequently Asked Questions

  • Once you enroll for a Certificate, you’ll have access to all videos, quizzes, and programming assignments (if applicable). Peer review assignments can only be submitted and reviewed once your session has begun. If you choose to explore the course without purchasing, you may not be able to access certain assignments.

  • When you purchase a Certificate you get access to all course materials, including graded assignments. Upon completing the course, your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.

More questions? Visit the Learner Help Center.