Exploring Economics:
Understanding the Principles of the Market
Overview
​Explore the world of economics with our course, “Understanding the Principles of the Market.” Delve into microeconomics and macroeconomics, uncovering supply and demand, consumer behaviour, production costs, and global trade. Gain a solid foundation and critical thinking skills for real-world economic issues. Whether you’re an aspiring entrepreneur or economist, this course equips you to navigate the economic landscape. Join us and unlock the secrets of economics!
Week 1
Day 1
Introduction to Economics, Icebreakers, Course Overview
Day 2
​Microeconomics: Supply and Demand, Market Equilibrium
Day 3
Microeconomics: Consumer Behavior, Utility, Elasticity
Day 4
Microeconomics: Production and Costs, Cost Concepts
Day 5
Macroeconomics: GDP, Inflation, Government's Role
Projects
​The Oxford Scholars Programme offers an innovative approach to learning through project-based learning. During the programme, you will have the opportunity to work on one project under the guidance of an academic tutor, in a one-on-one setting. This hands-on experience will allow you to apply knowledge learnt during lectures in a practical context, culminating in a project proposal or report by the end of the programme.
Economic Transformation Analysis
Analyze a decade of economic changes in [chosen country], focusing on GDP, labor market dynamics, export performance, and product complexity.