Episode 1: Introduction to Microeconomics
In this foundational episode, we introduce the principles of microeconomics and explore how individual choices shape market outcomes. Discover how scarcity, opportunity c...
Finance
Microeconomics: The Study of Individual Choices
Explore individual decision-making and market dynamics through the principles of microeconomics.
First episode free — Listen now, no account required
7 episodes52 min total
What you'll learn
Course outline
Episode 2: Demand, Supply, and Market Equilibrium
Dive into the core concepts of demand and supply, and learn how they interact to form market equilibrium. Understand how equilibrium changes with shifts in demand and sup...
Episode 3: The Elasticity Concept
Explore the elasticity of demand and supply, a crucial concept in understanding consumer responsiveness to changes in price, income, and other factors. Learn how elastici...
Episode 4: Consumer Behavior and Utility Maximization
Uncover how consumers make choices to maximize their satisfaction. Learn about utility theory, the concept of marginal utility, and the budget constraint that guides cons...
Episode 5: Production and Costs Fundamentals
Delve into the basics of production and costs. Learn how firms decide on the optimal production level and understand concepts such as fixed and variable costs, economies...
First episode free — Listen now, no account required
Episodes
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Topics covered
Finance
