Microeconomics

Microeconomics focuses on sellers’ individual actions (producers) and buyers (consumers) and how those actions have consequences for the availability, distribution, and utilization of scarce resources.

An understanding of microeconomics explains decisions at the organizational level – businesses, companies, and nonprofit entities. Leveraging microeconomics’ foundational principles is essential for designing strategy, particularly in sales and marketing functions.

This module examines the areas of consumer choice, supply and demand, market elasticity, and production and costs.

Module Length: 3-5 Learner Hours

Academic Leveling

The Microeconomics module is one of 16 online modules that span the entire business curriculum and serve as a bridge between undergraduate and graduate business education.

A Consultative Approach

Peregrine offers a consultative approach to providing and delivering real solutions to real challenges. We welcome you to contact us to discuss the needs of your institution and learners.

Engaging and Dynamic

Leading Edge Learning: Competency-Based Modules give you easy access to engaging and dynamic content that supports key workplace competencies. Explore the features and unique capabilities of our modules below.

Interactive Learning

Modules provide you with a robust assortment of multimedia content, including video, audio, text, activities, and quizzes to make learning more engaging. Multimedia content effectively engages learners throughout the self-guided learning process.

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Pre and Post Tests

This module includes a pre-test and post-test. The pre-test provides learners with an idea of their relative knowledge in the subject, and the post-test is used to ensure learners have grasped the concepts needed for success.

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Client Admin

Peregrine provides higher education professionals with Client Admin access for this module which is used to track learner progress and generate both individual and summative reports.

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Our Approach

Microeconomics Learning Outcomes

Throughout this module, learners can expect to meet the following learning outcomes:

+  Understand scarcity.

+  Understand choice and how it is linked to scarcity.

+  Understand why people make trade-offs.

+  Understand opportunity cost.

+  Understand how rational people make decisions at the margins.

+  Understand incentives.

+  Understand the role of supply and demand in economics.

+  Understand the concept of elasticity in its various forms.

  • Microeconomics Syllabus

    This document is the syllabus for the Microeconomics module. The syllabus lists the instructional topics, learning outcomes, and organization for the module.

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  • Microeconomics Module Description

    This document provides a description of the Microeconomics module.

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Real Solutions

At Peregrine, we believe in taking a solution-based approach to solving the needs of our thought-partners. The Microeconomics module supports Academic Leveling and Workplace Skills Development Solutions.

Higher Education

+ Review module in a business and business-related capstone course.
+ Use as a module within an academic leveling program.


Business & Industry

+ Training supervisors and managers on microeconomics.
+ Helping business development personnel understand the nature of microeconomics.

  • Academic Leveling Solutions

    This document provides an overview of the various academic leveling solutions.

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  • Workplace Skills Development Solutions

    This document provides an overview of the various workplace skills development solutions.

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  • Academic Leveling Solutions –  module Topics and Outcomes

    This report provides details concerning the topics, subjects, and learning outcomes for the modules used for academic leveling.

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Great for all Types of Learners

Higher Education

+ Undergraduate Students
+ Graduate Students


Business, Industry, Nonprofits, & Agencies

+ Supervisors
+ Managers
+ Entrepreneurs
+ Business Owners
+ Business Development Team Members

  • Leading Edge Learning Brochure

    The Leading Edge Learning brochure provides a brief overview of the solutions and support competencies.

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Purchasing

For Organizations

Pricing is based on the number of learner hours and the annual expected quantities. We’ll lend the expertise of our team to create a solution that addresses your needs.
Course Packs are Available
+ Course Pack Lite includes a combination of individual topic-based modules up to 15 learner hours.
+ Course Pack includes a combination of individual modules up to 60 learner hours.
+ Course Pack Plus is a combination of individual modules up to 135 learner hours.

For Individuals

Purchase assessment

You can easily purchase access to this resource online. Just click the “Purchase” button below to get started. When you purchase a module, you will be able to:
+ Access modules online and on-demand from anywhere.
+ Get unlimited access to module content for 2 years after purchase date.
+ Receive certificate of Completion available upon module completion.

Price: $49