What you will learn
- Be able to describe microeconomic principles and concepts
- Have an appreciation for how micro economic data can be used
- Apply appropriate economic theory related to real-life contexts
- Critically investigate proposed outcomes using economic theory
- Ability to interpret and translate economic analysis findings using plain, non-technical language.
This is an introductory program in Microeconomics that provides a learning experience equipping students with the ability to think like an economist. It focuses on how decision-making units within the economy (e.g. consumers, firms, government departments) make choices and how choices can be made in a way that makes best possible use of limited available resources. Since life is in large part about making choices, this program will help you to understand why the world is the way it is, and how to make use of limited available resources.
The three courses within the program are based on a post-graduate introductory microeconomics course taught on campus at The University of Queensland. The Professional Certificate program will set you on the path to thinking critically about all areas of life where choices are made.
This course is for everyone, whether you are studying at university, a career professional interested in expanding your economic knowledge, or simply curious about human and economic behaviour and what influences it. A focus is placed on core economic principles that are immediately applicable rather than formal mathematical theorizing.
Courses in this program
UQx's Microeconomics Professional Certificate
- 1–2 hours per week, for 6 weeks
Explore the fundamentals of microeconomics including economic efficiency, scarcity and opportunity costs. This course will set you up to think like an economist and to identify how economics relates to the everyday choices we make.
- 1–2 hours per week, for 6 weeks
Become immersed in economic concepts including elasticity of demand, market pricing, explicit and implicit costs and economic profit maximisation. Learn about monopolistic markets and market structure impacts on production and profit.
- 1–2 hours per week, for 6 weeks
Learn about the realm of public goods and game theory. You will investigate and analyse how competitive markets, price discrimination and many more microeconimic concepts contribute to particular outcomes in the real world.
- This is a program of three courses. Courses may be taken in any order. We suggest taking Principles of Microeconomics first, followed by the other two courses in order because later courses build on the knowledge of the previous course(s).
- Understanding microeconomics is relevant for a large range of industries and occupations as multidisciplinary roles become more common.
- Careers focused on economics include analysts, advisors, and economists in the public and private sectors, especially those in business, finance, international development, health, marketing, journalism, management and research.
Meet your instructor from The University of Queensland (UQx)
Experts from UQx committed to teaching online learning
FAQs
- You can purchase every course in the program at a 10% discount using the “Pursue the Program” button on this page. You can still take each course in the session that works best for you. After you purchase the program, you’ll have 24 months to select a session for each course. You can also complete and purchase the courses one by one, in any order you wish. After you’ve earned a verified certificate from each course in the program, you’ll automatically receive the program credential. You can start each course in the Audit track, then upgrade before the course’s payment deadline for a verified certificate. You don’t need to complete all of the courses at once in order to earn the program credential. Courses will be re-offered on an ongoing basis, and all certificates count towards the program credential. There is no overall deadline to complete the program, but individual courses do have deadlines that you can see when enrolled. The program page lists all future course sessions that we have scheduled at this time.
- Contact edX.
- There are no prerequisites, though an understanding of basic maths is useful but not necessary.
- In general, all 3 courses run throughout the year.
- No, course progress does not carry over across course runs.
- All courses within the program are self-paced. You may enroll as an audit learner before upgrading to verified.