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Quick Facts

Medium Of Instructions	Mode Of Learning	Mode Of Delivery
English	Self Study	Video and Text Based

Course Overview

As explained by the faculty at the Indian Institute of Technology, Kanpur, An Introduction to Microeconomics online course is 12-week learning in microeconomics. It assesses economic theories of individuals as enterprises and their contribution to a country’s economic landscape. This online course is an AICTE approved Faculty Development Programme (FDP).

An Introduction to Microeconomics certification syllabus includes a comprehensive study of humanities and social sciences. Topics generally discussed involve core economics subjects such as market environments, price discrimination, cost functions, isoquants, and comparative statistics. The lecturers give online and book references for students to read and learn with the curriculum.

Set at a postgraduate level of study, Prof. Vimal Kumar teaches An Introduction to Microeconomics certification course. He is currently an Associate Professor at IIT Kanpur and comes from a sound professional and academic background. Students can opt for an e-certificate by paying a nominal fee and appearing for a proctored test.

The Highlights

A verified certificate
Assignments
Evaluation tests
In-depth learning
Learning modules
IIT Kanpur course program
Self-paced
12-week program

Programme Offerings

assignments
Online lectures
Certificate
Learning tutorials
Final assessments
Practice questions
Self-led learning
experienced instructor

Courses and Certificate Fees

Fees Informations	Certificate Availability	Certificate Providing Authority
INR 1000	yes	IIT Kanpur

Learners can access the course materials for the An Introduction to Microeconomics program for no cost.
Students need to pay Rs.1000 for pursuing the e-certificate, which is optional.

An Introduction to Microeconomics course fee structure

Course	Fee
An Introduction to Microeconomics (Learning)	FREE

Eligibility Criteria

To learn from An Introduction to Microeconomics online course, students need to have an understanding of basic mathematical concepts included in higher secondary schooling.

To receive the e-certificate, students need to have a minimum score of 40 out of 100, split into assignments and final examination. Candidates need to secure an average score of 10 or above in the course’s assignments and 30 out of 75 on the test.

What you will learn

Knowledge of Economics

Learners will become well-versed in the following topics mentioned throughout An introduction to Microeconomics certification syllabus:

Economics
Theories concerning consumers and producers
Profit and utility maximization
Market structures and types

Who it is for

An introduction to Microeconomics training is intended for graduate students pursuing economics. Also, professionals interested in the subject can apply for the course.

Admission Details

Anyone interested in applying for the An Introduction to Microeconomics program can follow the steps mentioned below:

Step 1: Look through the program’s offerings using the web link given here: An Introduction to Microeconomics - Course (nptel.ac.in).

Step 2: Hover to the ‘Sign-in/Register’ section on the top and click on it.

Step 3: Use a social account such as Facebook, Google, or Microsoft or enter an email ID to create a new learning account.

Step 4: Once logged into your new learning account, start learning from the course anytime.

Application Details

Registering an online account with SWAYAM is all that’s needed to learn from An Introduction to Microeconomics certification course.

The Syllabus

What is Economics
Demand
Supply
Equilibrium
Change in Supply and Demand
Elasticity

Fiffin goods
Consumer theory
Comparative statistics
Utility maximization
Income and substitution effects
Preferences

Producer theory
Compensated demand
Economies of scale
Return to scale
Type of firms
Factor substitutions
Isoquants
Production functions

Profit maximization
Market structures
Markets- perfect and imperfect
Cost functions
Cost curves
Cost minimization

Market power
Perfectly competitive firm
Game theory- an introduction
Monopoly
Taxation
Price discrimination

Cost curves

Short-run Vs. Long run
Market environment- 1
Perfectly competitive market

Analysis of equilibrium
Deadweight loss
Social surplus

Market environment- 2
Profit maximization
Monopoly

First, second, and third degrees
Price discrimination

Nash equilibrium
Game theory- An introduction

Market environment-3
Bertrand game
Oligopoly
Cournot game

Evaluation process

A final proctored exam will determine a candidate’s eligibility for the An Introduction to Microeconomics certification. Students need to secure a minimum of 30 marks out of 75 in the final exam, and an average of 10 out of 25 in the course assignments.

Students will work on a total of 12 assignments during the course, and the average will be calculated from the eight best assignments. The assignments’ average will hold a 25% weightage whereas the final exam will have a 75% weightage in the final score.