Microeconomics

This course provides students with fundamental knowledge of microeconomics, including supply and demand, elasticity, taxation, production and cost in business, and real-world market models. Students will develop a solid understanding of consumer and producer behavior theories, how prices are determined, and the impact of economic policies on the allocation and exchange of resources within the economy. The course also covers key microeconomic issues such as government intervention, market failures, and competitive mechanisms. Additionally, students will enhance their critical thinking and decision-making skills based on microeconomic principles. Furthermore, the course aims to improve students’ communication, teamwork, and presentation skills through real-world business case studies. It enhances independent learning and research capabilities, enabling students to strengthen their professional competence and adaptability in the dynamic global economy.