Micro Economic Analysis & Economic Models Development

Course Info

Length: 1 Week

Type: Online

Available Dates

Fees

  • Dec-30-2024

    1,800

  • Jan-27-2025

    1,800

  • Feb-24-2025

    1,800

  • Mar-24-2025

    1,800

  • Apr-28-2025

    1,800

  • May-26-2025

    1,800

  • June-23-2025

    1,800

  • July-21-2025

    1,800

  • Aug-25-2025

    1,800

  • Sep-22-2025

    1,800

  • Oct-27-2025

    1,800

  • Nov-24-2025

    1,800

  • Dec-22-2025

    1,800

Course Details

Course Outline

5 days course

Foundations of Micro Economic Analysis

 

  • Principles of Microeconomics and Market Mechanisms
  • Demand, Supply, and Market Equilibrium
  • Consumer Theory: Preferences and Utility Maximization
  • Workshop: Analyzing Consumer Choices
  • Group Discussion: Real-World Applications of Consumer Theory

Production and Cost Analysis

 

  • The Theory of the Firm: Production Functions and Costs
  • Short-Run and Long-Run Cost Structures
  • Profit Maximization and Competitive Supply
  • Case Study: Cost Analysis in Different Industries
  • Hands-On Exercise: Constructing Cost Curves

Market Structures and Economic Models

 

  • Perfect Competition, Monopoly, and Oligopoly Markets
  • Game Theory and Strategic Behavior in Oligopolistic Markets
  • Modeling Market Dynamics and Interactions
  • Group Activity: Simulating Market Competition
  • Interactive Session: Developing Market Structure Models

Policy Analysis and Economic Forecasting

 

  • Microeconomic Policy Instruments and Their Effects
  • Developing Economic Models for Policy Evaluation
  • Forecasting Economic Variables Using Econometric Models
  • Workshop: Creating a Policy Analysis Model
  • Panel Discussion: The Role of Economic Models in Policy Making

Advanced Topics in Economic Modeling

 

  • Incorporating Uncertainty and Risk in Economic Models
  • Dynamic Models and Time Series Analysis
  • Current Challenges and Future Directions in Economic Modeling
  • Course Recap and Final Feedback
  • Participant Presentations: Economic Model Proposals