Economics: Microeconomics - Individual Choice

<p>In this course, you explore how individuals and firms make economic choices. The course offers theoretical tools to understand decision-making in markets and under uncertainty, forming a core part of advanced microeconomic training.</p><p>You get a rigorous understanding of how individuals make economic decisions. We cover the foundations of microeconomic theory, including preferences, utility and choice; how consumers and producers respond to prices and constraints; and how choices are made under uncertainty. You will learn how to model individual behaviour, how to derive and interpret demand and supply, and how markets allocate resources. A particular emphasis is placed on formal reasoning and mathematical proofs, which helps you build transferable skills in abstraction and problem solving. </p><p>The course is relevant for you if you wish to deepen your knowledge of economics, as it forms the theoretical backbone for many applied and empirical topics. It is particularly valuable if you are interested in further studies in economics or related fields.</p>