Microeconomics: The Study of Individual Choices

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

First episode free — Listen now, no account required

Episodes

Introduction to Microeconomics

Introduction to Microeconomics

In this foundational episode, we introduce the principles of microeconomics and explore how individual choices shape market outcomes. Discover how sca...

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Demand, Supply, and Market Equilibrium

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 shif...

The Elasticity Concept

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...

Consumer Behavior and Utility Maximization

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 constra...

Production and Costs Fundamentals

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 variab...

Market Structures: Perfect Competition vs. Monopoly

Market Structures: Perfect Competition vs. Monopoly

Compare different market structures including perfect competition and monopoly. Understand how price and output decisions differ across these structur...

Game Theory and Strategic Decision-making

Game Theory and Strategic Decision-making

Introduce the listeners to game theory and how strategic interactions among rational players determine outcomes. Explore key concepts such as Nash equ...

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