Microeconomics at the undergraduate and
graduate level studies the behavior of small economic units, such as
individuals, households and businesses. Online classes in microeconomics
are relevant to economists, social scientists and statisticians.
Overview of Online Microeconomics Courses
Microeconomics seeks to explain how business, families and
individuals conduct economic transactions. Students may take
microeconomics courses as part of an undergraduate or graduate degree
program in economics or a related field. Microeconomics is closely
related to statistics and to other fields in the social sciences,
especially psychology and
political science. Students with a strong background in microeconomics are prepared to work in fields from
finance to politics or in nonprofit organizations.
Course Requirements
Online microeconomics courses incorporate readings, online lectures,
discussion boards and periodic assignments. Students must generally have
a computer and Internet connection capable of watching online videos
with sound, participating in chat rooms or discussion boards and
accessing PDFs, Word documents and course websites. Some courses may
require specialized software for creating graphs, displaying
mathematical equations or performing statistical calculations.
Online Microeconomics Course List
Introduction to Microeconomics
An introductory microeconomics course is generally taken early in an
associate's or bachelor's degree program. It covers the fundamental
principles of microeconomics, including supply and demand, price fixing,
income distribution and resource scarcity.
Applied Microeconomics Course
Students apply economic principles to contemporary political and
social issues. Topics may include welfare, environmental conservation,
health insurance reform or education policy. Applied microeconomics may
be studied by advanced undergraduates or graduate students.
Behavioral Economics Course
An undergraduate or graduate course in behavioral economics brings
principles of psychology to bear on economic behavior. Consumer
interactions are explored in relation to psychological evidence about
self-control, estimation biases and notions of fairness.
Statistics Course
Students learn about statistic principles that apply to economic
behavior. Topics include probability, hypothesis testing and estimation.
Knowledge of calculus and algebra is required. Statistics courses are
required in most associate's and bachelor's degree programs, and are
prerequisites to many master's degree programs.
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