Get updates on Eligibility, Admission, Placements Fees Structure
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
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.
Instructors
IIT Kanpur Frequently Asked Questions (FAQ's)
Students need to have a higher secondary-level knowledge of Mathematics before commencing the course.
The course teacher is Prof. Vimal Kumar, an Associate Professor at IIT Kanpur. He instructs the program An Introduction to Microeconomics.
A total of 12 assignments are given to students.
Out of the 12, the top eight assignments will be considered. An average of 25% of the selected projects will constitute the final score.
Students can verify their An Introduction to Microeconomics certification here: http://nptel.ac.in/noc.