CE/CPE Course Information

Microeconomics 1: Basics

CPE Credits: 4
Subject Area: Management
Field of Study: Economics
Program Level: Overview
Lesson Version: 13-1
Publication/Revision Date: August 28, 2019
Prerequisites/Advanced Preparation: None

After completing this course, you will be able to
  • Distinguish a change in quantity demanded or quantity supplied from a change in demand or supply
  • Apply the principle of equilibrium
  • Interpret price elasticity of demand, cross-elasticity of demand, income elasticity of demand, and price elasticity of supply
  • Infer the effects of externalities and government intervention on a market
  • Recognize the concepts of diminishing marginal utility and consumer utility maximization
Course Topics
  1. Demand, Supply, and Equilibrium
  2. Elasticity
  3. Externalities and Government Intervention
  4. Consumer Utility

This self-study course consists of an Audiovisual presentation or a 20-question True/False Introductory quiz, a Knowledge Transfer Outline with multiple-choice questions for study and review, and a Qualified Assessment of 20 questions.

This course is designed for your convenience. You may log out at any time during the course; your current position and all work will be saved. The next time you log in, you can resume right where you logged off.

State Board and other CPE agency registrations can be viewed on our sponsor approvals page.

For more information regarding administrative policies such as complaints and refunds, please contact our CPE Department at (800) 874-5346 ext. CPE (273).