Micro Economic Analysis & Economic Models Development

Course Info

Length: 1 Week

City: Kuala Lumpur

Type: In Classroom

Available Dates

  • June-17-2024

    Kuala Lumpur

  • July-15-2024

    Kuala Lumpur

  • Aug-19-2024

    Kuala Lumpur

  • Sep-16-2024

    Kuala Lumpur

  • Oct-21-2024

    Kuala Lumpur

  • Nov-18-2024

    Kuala Lumpur

  • Dec-16-2024

    Kuala Lumpur

Dates in Other Venues

  • May-27-2024

    Singapore

  • May-27-2024

    Paris

  • June-03-2024

    Amsterdam

  • June-03-2024

    London

  • June-10-2024

    Dubai

  • June-10-2024

    Barcelona

  • June-17-2024

    Istanbul

  • June-24-2024

    Singapore

  • June-24-2024

    Paris

  • July-01-2024

    London

  • July-01-2024

    Amsterdam

  • July-08-2024

    Dubai

  • July-08-2024

    Barcelona

  • July-15-2024

    Istanbul

  • July-22-2024

    Singapore

  • July-29-2024

    Paris

  • Aug-05-2024

    Amsterdam

  • Aug-05-2024

    London

  • Aug-12-2024

    Dubai

  • Aug-12-2024

    Barcelona

  • Aug-19-2024

    Istanbul

  • Aug-26-2024

    Paris

  • Aug-26-2024

    Singapore

  • Sep-02-2024

    London

  • Sep-02-2024

    Amsterdam

  • Sep-09-2024

    Barcelona

  • Sep-09-2024

    Dubai

  • Sep-16-2024

    Istanbul

  • Sep-23-2024

    Singapore

  • Sep-30-2024

    Paris

  • Oct-07-2024

    Amsterdam

  • Oct-07-2024

    London

  • Oct-14-2024

    Barcelona

  • Oct-14-2024

    Dubai

  • Oct-21-2024

    Istanbul

  • Oct-28-2024

    Paris

  • Oct-28-2024

    Singapore

  • Nov-04-2024

    London

  • Nov-04-2024

    Amsterdam

  • Nov-11-2024

    Barcelona

  • Nov-11-2024

    Dubai

  • Nov-18-2024

    Istanbul

  • Nov-25-2024

    Singapore

  • Nov-25-2024

    Paris

  • Dec-02-2024

    Amsterdam

  • Dec-02-2024

    London

  • Dec-09-2024

    Dubai

  • Dec-09-2024

    Barcelona

  • Dec-16-2024

    Istanbul

  • Dec-23-2024

    Singapore

  • Dec-30-2024

    Paris

Course Details

Course Outline

5 days course

Foundations of Micro Economic Analysis

 

  • Principles of Microeconomics and Market Mechanisms
  • Demand, Supply, and Market Equilibrium
  • Consumer Theory: Preferences and Utility Maximization
  • Workshop: Analyzing Consumer Choices
  • Group Discussion: Real-World Applications of Consumer Theory

Production and Cost Analysis

 

  • The Theory of the Firm: Production Functions and Costs
  • Short-Run and Long-Run Cost Structures
  • Profit Maximization and Competitive Supply
  • Case Study: Cost Analysis in Different Industries
  • Hands-On Exercise: Constructing Cost Curves

Market Structures and Economic Models

 

  • Perfect Competition, Monopoly, and Oligopoly Markets
  • Game Theory and Strategic Behavior in Oligopolistic Markets
  • Modeling Market Dynamics and Interactions
  • Group Activity: Simulating Market Competition
  • Interactive Session: Developing Market Structure Models

Policy Analysis and Economic Forecasting

 

  • Microeconomic Policy Instruments and Their Effects
  • Developing Economic Models for Policy Evaluation
  • Forecasting Economic Variables Using Econometric Models
  • Workshop: Creating a Policy Analysis Model
  • Panel Discussion: The Role of Economic Models in Policy Making

Advanced Topics in Economic Modeling

 

  • Incorporating Uncertainty and Risk in Economic Models
  • Dynamic Models and Time Series Analysis
  • Current Challenges and Future Directions in Economic Modeling
  • Course Recap and Final Feedback
  • Participant Presentations: Economic Model Proposals