Acrobatiq Smart Author Content for Introduction to Microeconomics introduces students to foundational economic concepts. The courseware investigates how households maximize utility and firms maximize profit in order to allocate their scarce resources. Upon completion of this courseware, students will be able to explain opportunity costs, the importance of competition, and how demand and supply work to determine equilibrium price and quantity in perfectly competitive markets and under monopolistic competition, oligopoly, and monopoly.
As students interact with the learning activities, learning data is continually collected, analyzed and reported to The Learning Dashboard™, providing educators with real-time actionable insights about how well students are mastering courseware learning objectives.
Introduction to Microeconomics Includes:
- 5 Units
- 11 Modules
- 40 Learning Objectives
Unit 1: The Economic Way of Thinking
Unit 2: Supply and Demand
Unit 3: Consumer Behavior
Unit 4: Production
Unit 5: Market Structures