+
Microeconomics

Microeconomics

Sophia's Microeconomics course helps you thoroughly understand the principles of economics related to the behavior of individuals and firms in making decisions on the allocation of resources. You will learn the role of government in promoting greater efficiency and equity in the economy and how to evaluate decisions with an economic lens. Full Description

  • Guaranteed Credit Transfer to Athens State University
  • 3 semester credits at Athens State University
  • Athens State University Equivalency: ECO 232 Principles of MIcroeconomics

Category: Social Science

Benefits


Guaranteed to transfer to Athens State University.

One Login, Everything You Need

You don't need any textbooks for our courses—we use video and text-based tutorials to teach the material.

Start Instantly

There is no need to wait for the first day of class; with Sophia you can sign up and instantly start your education.

Learning Built for Your Life and Your Schedule

Each course allows you to work at your own pace after work, on a break, or on the go. Access the course anytime, anywhere by phone, tablet, or computer.

Description

Microeconomics

Course Description
Sophia's Microeconomics course helps you thoroughly understand the principles of economics related to the behavior of individuals and firms in making decisions on the allocation of resources. You will learn the role of government in promoting greater efficiency and equity in the economy and how to evaluate decisions with an economic lens.

Assessments & Grading

This is a pass/fail course. You must complete 9 Challenge assessments (these are like quizzes) and 4 Milestone assessments (these are like tests) with an overall score of 70% or better.

Learning Outcomes

At the end of the course, you'll be able to:

  • Describe economics
  • Examine the consumer
  • Analyze the firm
  • Interpret market interactions: consumer and firm

Sophia's Many Ways™
This course provides you access to Sophia's Many Ways™ learning model. This model provides you with various instructional styles for each learning objective. With this unique model, you can find a method that appeals to your individual learning preference.

Reviews

Rating
729 Student Reviews
Rating
by Hannah B. on August 2, 2020
This course was fairly easy and only took me a total of 4 hours to complete. 10/10! Finished in 1 day whereas at my university it would have taken 8 weeks. Highly recommend.
Rating
by Bobby P. on August 1, 2020
Kate is the best. The equations took some learning but pretty easy. I had a harder time with chapter 4 concepts but just took a little more studying.
Rating
by Stacey M. on August 1, 2020
The course was challenging but I definitely learned a lot. Its well worth it.
Rating
by Melissa M. on August 1, 2020
The course itself wasn't difficult overall however some of the other courses provided a better explanation if the the incorrect answer was selected.
Rating
by Jason K. on August 1, 2020
Somewhat difficult, I'm not that good in economics anyways
Rating
by David M. on August 1, 2020
Very user friendly interface. I enjoyed the flexibility of the course, and the option to either read or watch videos to best understand the content.
Rating
by Dana H. on August 1, 2020
Great course! I found it to be easier than Macroeconomics, but it definitely helped to take that and other business courses. :)
Rating
by Griselda R. on August 1, 2020
It was a good course. It was not all straight forward though. I wish there were more examples and detail.

FAQ

  • Q: What does "Try it for Free" mean?

    A: The Free Trial allows you to access the course of your choice, or multiple courses. It gives you access to the first unit ("Challenge 1") in the course. This will let you meet the course instructors, sample the instructional content, and answer a set of assessment questions in the Challenge. You can also read the Student Guide and watch an Orientation Video to learn more about the course format, requirements, and resources.

    Any work you complete in the Free Trial is saved, so if you decide to register, you do not need to repeat it. Of course, we also let you reset it and start over if you wish.

  • Q: Does Sophia accept third-party payment for membership, such as financial aid or military benefits?

    A: Sophia is not a college or university and is not eligible for financial aid, military benefits, or other third-party payments. A Sophia membership is considered an out-of-pocket educational expense.

  • Q: When do the courses start and how long do I have to complete a course?

    A: You choose your own course start date and have 60 days from your chosen start date to complete each course. Sophia courses are self-paced, so many students complete a course in less than 60 days.

  • Q: Where do I get the textbooks for my course?

    A: You do not need any textbooks for Sophia courses. All material is taught by video and text-based tutorials that are in the courseroom, and are included as part of a Sophia membership.

  • Q: How am I graded in the course?

    A: Sophia courses are graded on a pass/fail basis, with 70% overall required to pass the course. Your score is based upon points earned in the formative assessments ("Challenges"), summative assessments ("Milestones"), and if applicable, the authentic assessments ("Touchstones"). Currently, our Foundations of English Composition, English Composition I, and Public Speaking courses contain Touchstones.

  • Q: How do I know which courses I should take?

    A: Consult with your academic adviser at your university to determine specifically which Sophia courses could fit into your program. You can download the course syllabus directly from our site to share with your school advisor.

  • Q: Are the tests proctored?

    A: Sophia courses utilize keyboard biometrics as an alternative to proctoring. No webcam is needed for a Sophia course.

  • Q: I'm taking a course where I have to submit Touchstones. How long does it take for my Touchstone to be graded once it's submitted?

    A: We provide our faculty graders with up to 7 business days to grade a Touchstone. The actual time may vary based on volume and grader capacity.

Oh no. Please don't go.

TRY INTRODUCTION TO Microeconomics FOR FREE!

No Credit Card Required