Microeconomics is a basic course for the students who major in economics and management. It is very important to train the students thinking like an economist. It is the former course of macroeconomics, econometrics, finance and management. Actually, it is the most important and basic course of economics. The content of this course includes demand and supply, consumer theory, producer theory and four market structure. We hope that students and understand the basic methods and models of economics.
By the end of the course, you will be able to understand introductory microeconomic theory, solve basic microeconomic problems, and use these techniques to think about a number of policy questions relevant to the operation of the real economy. Students would have such skills :
1)	Use supply and demand diagrams to analyze the impact of overall changes in supply and demand on price and quantity.
2)	Solve a consumer's utility maximization problem mathematically and graphically; analyze the impact of changes in price and income on a consumer's decision via shifting income and substitution effects.
3)	Understand the consumer's labor supply decision.
4)	Solve a firm's cost minimization problem mathematically and graphically.
5)	Analyze the behavior of firms in a perfectly competitive market in the short-run and the long-run.
6)	Calculate producer and consumer surplus.
7)	Analyze the behavior of firms in a monopoly or oligopoly, and calculate the resulting changes in producer or consumer surplus.
8)	Understand consumer behavior under uncertainty.
9)	Use economic tools to analyze economic policies.