- Microeconomics: an Introduction at University of Oxford will equip students with the technical skills with which they will be able to understand how consumers and firms make everyday consumption and production decisions. In this case the course will ensure that students are able to relate fundamental microeconomic theory with daily economic activity.
- The course will also allow students to develop critical thinking skills by considering the case of market failure which occurs in sharp contrast to traditional microeconomic theory. In this case students will learn that despite the notion that supply and demand are determined by the market, there are cases of missing markets where government intervention is required to substitute for the price mechanism.
- Students will also be able to use the knowledge gained on this course to everyday circumstances. Furthermore, this course will give students a solid foundation which they can use to progress to higher level studies in Microeconomics as well as being able to apply knowledge gained on the course to other online courses such as Globalisation, the New Economic Powers and Introduction to Macroeconomics.
FHEQ level 4, 10 CATS points
- Market Institutions
- Supply & Demand
- Working with Supply & Demand
- Production Costs
- Production decisions
- Perfect Competition
- Market and Market Power
- Markets for Labour
- Market Failure and the Role of the Government
- Monopolies and Mergers Policy, Competition Policy and Regulation
We strongly recommend that you try to find a little time each week to engage in the online conversations (at times that are convenient to you) as the forums are an integral, and very rewarding, part of the course and the online learning experience.
Dr Sangaralingam Ramesh
- 3 months
Start dates & application deadlines
- StartingApply anytime.
DisciplinesEconomics Finance Accounting View 25 other Short Courses in Economics in United Kingdom
We are not aware of any academic requirements for this programme.
- You will be set two pieces of work for the course. The first of 500 words is due halfway through your course.
- This does not count towards your final outcome but preparing for it, and the feedback you are given, will help you prepare for your assessed piece of work of 1,500 words due at the end of the course. The assessed work is marked pass or fail.
This course is delivered online; to participate you must to be familiar with using a computer for purposes such as sending email and searching the Internet.
International300 GBP/fullTuition FeeBased on the tuition of 300 GBP for the full programme during 3 months.
EU/EEA300 GBP/fullTuition FeeBased on the tuition of 300 GBP for the full programme during 3 months.
Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.
Apply and win up to €10000 to cover your tuition fees.