Upon successful completion of the course, students will be able to: core microeconomic principles; focusing on their real-world applications and implications for business strategy; grasp and critically evaluate key concepts like scarcity; supply and demand, and consumer behavior; linking these to producer decision-making and market dynamics; analyze the role of technology and government intervention in shaping economic landscapes, assessing their impacts on business operations and market structures; build proficiency in analyzing complex economic scenarios, applying microeconomic theories to facilitate strategic and informed business decisions; explore the nuances of various market structures, understanding their characteristics and influence on resource allocation and competitive strategies; and gain a comprehensive perspective on the regulatory environment, including taxation, trade policies, and antitrust laws, and their effects on business and economic activities.