(Oxford) Joint Diploma: Microeconomics and Business from Udemy

What's inside

Learning objectives

Explain how to interpret elasticity
Using demand and supply, illustrate price determination
Examine the impact of tax/subsidies
Apply ceteris paribus
Evaluate the sugar tax and other case studies
Decluttering and impact on economy
Business application of microeconomics

Recycling
Lean management
Textbooks are included!
Stroke risk - and what can be done
Learn microeconomics through football
Show more
Show less

Explain how to interpret elasticity
Using demand and supply, illustrate price determination
Examine the impact of tax/subsidies
Apply ceteris paribus
Evaluate the sugar tax and other case studies
Decluttering and impact on economy
Business application of microeconomics
Recycling
Lean management
Textbooks are included!
Stroke risk - and what can be done
Learn microeconomics through football
Show more
Show less

Syllabus

Introduction

Ten

The first ten

The second ten

The third ten

The fourth ten

An extra few

Country-specific

India

India - why?

USA

USA - why?

Chat GPT and Conclusion

Chat GPT

Conclusion

Hot topics

The Economic impact of war

Before...

Decemberonomics

Introduction to the Udemy platform - watch this!

Part 1

Part 2

Part 3

Part 4

Part 5

The original Introduction

ECONOMICS FOR COMPLETE BEGINNERS - if this is you then start here!

Economics Beginners - pt 1

Beginners Economics - pt 2

Beginners Economics - pt 3

Beginners Economics - pt 4

Beginners Economics - pt 5

Beginners Economics - pt 6

Beginners Economics - pt 7

Beginners Economics - pt 8

Beginners Economics - pt 9

Beginners Economics - pt 10

Quiz

Multiple choice quizzes can be used to assess but I prefer to use them as a

teaching tool. Therefore if you a) don’t understand or b) disagree with any

answer then explain so in the Q/A. Maybe, just MAYBE, one of the answers is

deliberately wrong to get you to think. The answers are NOT necessarily in the

lectures – you’re encouraged to research.

COMPULSORY A business idea to consider whilst you are doing this course

Make a course - part 1

Make a course - part 2

Make a course - part 3

OPTIONAL: UKRAINE

Relevance

Truth

Action

The end

P.P.S.

OPTIONAL: Friendly advice

Friendly advice

COMPULSORY: Please watch this first!

Please please watch this first!

COMPULSORY Oxford School of Learning Diploma

Compulsory: The Oxford Diploma

Business Conundrums

Why this course is good for you!

XYZ tech

Acme Manufacturing

Belleview

Greenleaf

TechFab

Delghtful dishes

Old Town Bookstore

LearnSphere

PersonAI

DefendTech solutions

HealthTech Innovations

EdFuture Academies

GreenGrow

LuxRetreats

Tourism Development

New Horizons

Habitat Harmony

United Strikers

Lean Life

Pharma Future

COMPULSORY Learn through discussions!

Setting the ground rules

Not the usual culprits

Not the usual culprits - part 2

Punishers...

Isn't the winner....

Isn't the winner supposed to..? - part 2

Isn't the winner supposed to...part 3

It seemed like a good idea at the time

Interest rates

Davos and globalisation - part 1

Davos and globalisation - part 2

Davos and globalisation - part 3

COMPULSORY Let's chat some more

Good to know

Know what's good

, what to watch for

, and possible dealbreakers

This course provides step-by-step guidance, making it ideal for self-learners who wish to progress quickly

Covers a range of essential microeconomic principles, offering a comprehensive understanding of the subject

Led by an experienced lecturer with a strong background in economics and education

Includes interactive discussions and Q&A sessions, fostering a collaborative learning environment

Offers opportunities to apply concepts through case studies based on real-world events

Provides a strong foundation for further study or practical application of microeconomics

Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in (Oxford) Joint Diploma: Microeconomics and Business with these activities:

Review basic math skills.

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Refreshing your basic math skills will help you understand the quantitative aspects of microeconomics more easily.

Browse courses on Arithmetic

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Review the order of operations (PEMDAS).
Practice solving simple algebraic equations.
Refresh your knowledge of geometry (especially area and volume).

Create a collection of resources on microeconomic case studies.

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Compiling a collection of resources on microeconomic case studies will provide you with a valuable repository of examples to reinforce your understanding.

Browse courses on Microeconomics

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Identify different types of microeconomic case studies.
Search for and collect case studies from academic journals.
Organize the case studies into relevant categories.
Annotate the case studies with your own insights and observations.

Review the textbook 'Microeconomics' by Pindyck and Rubinfeld.

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Reading Pindyck and Rubinfeld's 'Microeconomics' will provide you with a comprehensive understanding of key microeconomic concepts and theories.

View Microeconomics on Amazon

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Start by reading the introductory chapters to get an overview.
Focus on understanding the core concepts in each chapter.
Read the summaries at the end of each chapter to reinforce your learning.
Solve the practice problems to test your understanding.

Five other activities

Expand to see all activities and additional details

Show all eight activities

Drill on calculating Price Determination

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Drilling on this topic will prepare you for more complex topics such as Elasticity and Market Failure.

Browse courses on Demand

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Start with a simple example of Price Determination.
Illustrate the concept using a supply and demand graph.
Practice calculating the equilibrium price and quantity.
Try to apply the concept to real-world examples.

Practice calculating Elasticity.

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Practicing Elasticity calculations will enhance your understanding of how demand and supply respond to changes in price and other factors.

Browse courses on Elasticity

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Start by understanding the concept of Elasticity.
Learn the different formulas to calculate Elasticity.
Practice calculating Elasticity using real-world data.
Analyze and interpret the results of your calculations.

Create a mind map of Microeconomic concepts.

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Creating a mind map of microeconomics concepts will help you visualize the relationships between different topics and improve your understanding.

Browse courses on Microeconomics

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Start by identifying the main branches of microeconomics.
Break down each branch into its key concepts.
Use different colors and shapes to represent different concepts and their relationships.
Add examples and real-world applications to make the concepts more relatable.

Practice applying Microeconomic concepts to real-world scenarios.

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By applying Microeconomics concepts to real-world scenarios, you'll enhance your problem-solving skills and deepen your understanding of how microeconomics affects everyday life.

Browse courses on Microeconomics

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Identify a real-world scenario that can be analyzed using Microeconomic concepts.
Define the relevant variables and assumptions.
Apply the appropriate Microeconomic models and theories to analyze the scenario.
Draw conclusions and make recommendations based on your analysis.

Develop a presentation on the impact of microeconomic policies.

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Developing a presentation on the impact of microeconomic policies will help you understand the role of government in the economy and the consequences of different policy choices.

Browse courses on Microeconomics

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Choose a specific microeconomic policy to focus on.
Research the historical background and theoretical underpinnings of the policy.
Analyze the intended and unintended consequences of the policy.
Develop recommendations for how the policy could be improved.

Career center

Learners who complete (Oxford) Joint Diploma: Microeconomics and Business will develop knowledge and skills that may be useful to these careers:

Economist

Economists study how economies work and use their knowledge to advise businesses and governments on economic policy. This Oxford Joint Diploma course provides a strong foundation in microeconomics, which is essential for understanding how economies function. The course covers topics such as demand and supply, elasticity, and market failure, which will help you develop the skills necessary to analyze economic data and make policy recommendations.

See salaries and explore the career path for Economist

Policy Analyst

Policy Analysts develop and analyze public policies. They use their knowledge of economics and other social sciences to assess the impact of policies on society. This Oxford Joint Diploma course provides a strong foundation in microeconomics, which is essential for understanding how public policies affect individuals and businesses. The course covers topics such as demand and supply, elasticity, and market failure, which will help you develop the skills necessary to analyze public policies and make recommendations.

See salaries and explore the career path for Policy Analyst

Market Research Analyst

Market Research Analysts conduct research to understand consumer behavior and market trends. They use this information to help businesses develop and market their products and services. This Oxford Joint Diploma course provides a strong foundation in microeconomics, which is essential for understanding how markets work. The course covers topics such as demand and supply, elasticity, and market failure, which will help you develop the skills necessary to conduct market research and analyze data.

See salaries and explore the career path for Market Research Analyst

Business Consultant

Business Consultants advise businesses on how to improve their operations and performance. They use their knowledge of business principles to help businesses solve problems and develop strategies. This Oxford Joint Diploma course provides a strong foundation in microeconomics, which is essential for understanding how businesses operate. The course covers topics such as demand and supply, elasticity, and market failure, which will help you develop the skills necessary to advise businesses on how to improve their performance.

See salaries and explore the career path for Business Consultant

Financial Analyst

Financial Analysts analyze financial data to make investment recommendations. They use this information to help individuals and businesses make informed decisions about their investments. This Oxford Joint Diploma course provides a strong foundation in microeconomics, which is essential for understanding how financial markets work. The course covers topics such as demand and supply, elasticity, and market failure, which will help you develop the skills necessary to analyze financial data and make investment recommendations.

See salaries and explore the career path for Financial Analyst

Management Consultant

Management Consultants advise businesses on how to improve their management practices. They use their knowledge of business principles to help businesses improve their efficiency and effectiveness. This Oxford Joint Diploma course provides a strong foundation in microeconomics, which is essential for understanding how businesses operate. The course covers topics such as demand and supply, elasticity, and market failure, which will help you develop the skills necessary to advise businesses on how to improve their management practices.

See salaries and explore the career path for Management Consultant

Transportation Manager

Transportation Managers are responsible for planning and executing the movement of goods and services by land, sea, and air. They work with suppliers, carriers, and customers to ensure that goods and services are delivered on time and at the right price. This Oxford Joint Diploma course provides a strong foundation in microeconomics, which is essential for understanding how supply chains work and how to plan and execute the movement of goods and services. The course covers topics such as demand and supply, elasticity, and market failure, which will help you develop the skills necessary to plan and execute the movement of goods and services.

See salaries and explore the career path for Transportation Manager

Operations Manager

Operations Managers oversee the day-to-day operations of a business. They are responsible for ensuring that the business runs smoothly and efficiently. This Oxford Joint Diploma course provides a strong foundation in microeconomics, which is essential for understanding how businesses operate. The course covers topics such as demand and supply, elasticity, and market failure, which will help you develop the skills necessary to oversee the day-to-day operations of a business.

See salaries and explore the career path for Operations Manager

Supply Chain Manager

Supply Chain Managers oversee the flow of goods and services from suppliers to customers. They are responsible for ensuring that products are delivered to customers on time and at the right price. This Oxford Joint Diploma course provides a strong foundation in microeconomics, which is essential for understanding how supply chains work. The course covers topics such as demand and supply, elasticity, and market failure, which will help you develop the skills necessary to oversee the flow of goods and services from suppliers to customers.

See salaries and explore the career path for Supply Chain Manager

Purchasing Manager

Purchasing Managers are responsible for procuring goods and services for their organizations. They work with suppliers to negotiate prices and contracts and ensure that goods and services are delivered on time and at the right price. This Oxford Joint Diploma course provides a strong foundation in microeconomics, which is essential for understanding how markets work and how to negotiate prices and contracts. The course covers topics such as demand and supply, elasticity, and market failure, which will help you develop the skills necessary to procure goods and services for your organization.

See salaries and explore the career path for Purchasing Manager

Marketing Manager

Marketing Managers develop and implement marketing campaigns to promote products and services. They use their knowledge of consumer behavior and market trends to create marketing campaigns that are effective and reach their target audience. This Oxford Joint Diploma course provides a strong foundation in microeconomics, which is essential for understanding how markets work. The course covers topics such as demand and supply, elasticity, and market failure, which will help you develop the skills necessary to develop and implement effective marketing campaigns.

See salaries and explore the career path for Marketing Manager

Sales Manager

Sales Managers lead and motivate sales teams to achieve sales targets. They develop and implement sales strategies and work with customers to close deals. This Oxford Joint Diploma course provides a strong foundation in microeconomics, which is essential for understanding how markets work and how consumers make decisions. The course covers topics such as demand and supply, elasticity, and market failure, which will help you develop the skills necessary to lead and motivate sales teams and close deals.

See salaries and explore the career path for Sales Manager

Business Analyst

A Business Analyst works with companies to improve processes and operations. They identify problems, develop solutions, and implement changes. This Oxford Joint Diploma course teaches the principles of economics, which are essential to understanding how businesses operate. The course covers topics such as demand and supply, elasticity, and market failure, which will help you develop the skills necessary to identify and solve business problems. Additionally, the course's focus on microeconomics will provide you with the foundation to understand how businesses make decisions and interact with consumers.

See salaries and explore the career path for Business Analyst

Product Manager

Product Managers develop and manage products. They work with engineers, designers, and marketers to ensure that products meet customer needs and are successful in the market. This Oxford Joint Diploma course provides a strong foundation in microeconomics, which is essential for understanding how markets work and how consumers make decisions. The course covers topics such as demand and supply, elasticity, and market failure, which will help you develop the skills necessary to develop and manage successful products.

See salaries and explore the career path for Product Manager

Logistics Manager

Logistics Managers are responsible for planning and executing the movement of goods and services. They work with suppliers, carriers, and customers to ensure that goods and services are delivered on time and at the right price. This Oxford Joint Diploma course provides a strong foundation in microeconomics, which is essential for understanding how supply chains work and how to plan and execute the movement of goods and services. The course covers topics such as demand and supply, elasticity, and market failure, which will help you develop the skills necessary to plan and execute the movement of goods and services.

See salaries and explore the career path for Logistics Manager