The course focuses on the basic techniques and tools of microeconomics.  It discusses the economic behavior of consumers and firms and the structure of markets.  It also examines the effects (positive or negative) of several relevant government policies at a microeconomic level.

After the successful completion of the course, students will be able to:

• Understand the basic tools and techniques of microeconomics.
• Understand the economic behavior of consumers and firms.
• Understand the structure of markets.
• Discuss several relevant government policies.