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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

3 semester credits

  • Guaranteed to transfer to our 28 partner network institutions.* See Partners
  • Sophia courses have been transferred for credit to over 300 institutions*. See the List
  • Recommend for credit to the ACE and DEAC college and university networks. (See below for details.)

Category: Social Science

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Take this 3-Credit College Course FREE!*
* For real. No strings attached. This college course is 100% free and is worth 3 semester credits.
This course is ACE Credit® recommended for transfer to many different colleges and universities.* Learn more
This course is DEAC-approved as meeting the criteria for Approved Quality Curriculum (AQC) status. Learn more

Benefits


Guaranteed to transfer to our partner colleges and universities.* See Partners

No Textbooks, Subscriptions or Hidden Fees

Everything you need to succeed is built right into our Sophia courses; there are no textbooks to buy, monthly subscriptions to pay for or any other added fees.

Free Trial & 30 Day Money Back Guarantee

Sophia offers all of our students a free trial to make sure our courses are right for you. Sophia wants you to be completely satisfied with your learning experience. We offer a 30 day money back guarantee.

Payment Plan

We offer a 3 part payment plan option to provide flexibility and allow students to fit courses into their budget.

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Description

Microeconomics

Using problem-based learning and real-world situations, this course teaches you how to apply knowledge in practical and relevant contexts. Our Many Ways™ learning model feature multiple teachers and various instructional styles for each concept so you can find a style that meshes with your individual learning preference. This rich, immersive experience helps you better understand and retain information, for an all-around smarter way to learn.

Sophia's Microeconomics course helps you explore and interpret the behavior of individual consumers and firms in the marketplace. Through this exploration, you will learn how to evaluate decisions, both public and private, with an eye towards production, consumption, and transfer of wealth. In this course, you will also learn how to apply conceptual principles of microeconomics in practical ways to everyday life.

In Sophia's Microeconomics course, you will complete a series of formative and summative assessments comprised of 9 Challenge assessments and 4 Milestone assessments and tied to the following learning outcomes:

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

Reviews

Rating
120 Student Reviews
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by Patrick M. on March 24, 2020
Easy to follow and understand. The teacher videos were solid in explaining.
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by Michael G. on March 23, 2020
As mentioned before I find it a complete shame that you indicate on the final milestone that it doe snot count then if you do not get 50% you say that i do not pass the course. I did the statistics course with a pass mark and didn't even bother with the final milestone only to be told I failed the course. The same happened here and yet again you say it does not count yet it certainly does. I WOULD LIKE MY STATISTICS CREDIT BACK AS THIS IS MIS-LEADING AND FALES COMMUNICATION.
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by Jerreaca K. on March 23, 2020
It was hard
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by Eric S. on March 23, 2020
Enjoyed it and I look forward to the next one!!
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by Maynard W. on March 21, 2020
Really had to hunker down on this one due to being new to this subject matter, but it was worth it.
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by Rinus M. on March 19, 2020
Very confusing, questions are very vague. But good otherwise.
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by Nicole B. on March 15, 2020
Overall I liked taking this class. It took me a lot longer to finish than expected, but I wish I could have finished it sooner. The tests are challenging and would recommend doing the practice test before the milestone.
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by Regina F. on March 11, 2020
It was difficult but I could tell it was taught very well as to make it less difficult than it could have been.

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 tuition, such as financial aid or military benefits?

    A: Sophia courses are not eligible for most third party payment methods. Course tuition is paid by the student, using a credit or debit card. Tuition is due at the time of course registration. Sophia offers a payment plan option for course tuition.

  • 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 in the course tuition.

  • 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.