Microeconomics: An Introduction

Microeconomics: an introduction will equip students with the technical skills with which they will be able to understand how consumers and firms make everyday consumption and production decisions. In this case the course will ensure that students are able to relate fundamental microeconomic theory with daily economic activity. The course will also allow students to develop critical thinking skills by considering the case of market failure which occurs in sharp contrast to traditional microeconomic theory. In this case students will learn that despite the notion that supply and demand are determined by the market, there are cases of missing markets where government intervention is required to substitute for the price mechanism. Students will also be able to use the knowledge gained on this course to everyday circumstances. Furthermore, this course will give students a solid foundation which they can use to progress to higher level studies in Microeconomics as well as being able to apply knowledge gained on the course to other online courses such as Globalisation, the New Economic Powers and Introduction to Macroeconomics.
 

For information on how the courses work, and a link to our course demonstration site, please click here.

Recommended reading

To participate in this course you will need to have regular access to the Internet and you will need to buy the following book:

Microeconomics in Context 3rd Edition by Goodwin, Neva, Nelson, Julie A., Ackerman, Frank published by M.E. Sharpe (2013)

Certification

To earn credit (CATS points) for your course you will need to register and pay an additional £10 fee for each course you enrol on. You can do this by ticking the relevant box at the bottom of the enrolment form or when enrolling online. If you do not register when you enrol, you have up until the course start date to register and pay the £10 fee.

For more information on CATS point please click on the link below: http://www.conted.ox.ac.uk/studentsupport/faq/cats.php

Coursework is an integral part of all online courses and everyone enrolled will be expected to do coursework, but only those who have registered for credit will be awarded CATS points for completing work at the required standard. If you are enrolled on the Certificate of Higher Education you need to indicate this on the enrolment form but there is no additional registration fee.

Assignments are not graded but are marked either pass or fail.

All students who successfully complete this course, whether registered for credit or not, are eligible for a Certificate of Completion. Completion consists of submitting both course assignments and actively participating in the course forums. Certificates will be available, online, for those who qualify after the course finishes.

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