This course introduces the students to the fascinating world of microeconomics, the study of how big decisions are made. The goal of this course is to provide a solid foundation for economic analysis and thinking. In this course, students will learn about the twin forces of market that determine equilibrium in a market economy. Next, it introduces a framework for understanding consumer behavior and analyzing consumer decisions. Then, we discuss about firm behavior and analyzing decisions made by firms. We will also explore how economic principles apply to real-world issues. By the end of the course, students will be able to apply microeconomic principles to a wide range of policy questions.
