Pideya Learning Academy

Microeconomic Analysis and Economic Model Development

Upcoming Schedules

  • Live Online Training
  • Classroom Training

Date Venue Duration Fee (USD)
18 Aug - 22 Aug 2025 Live Online 5 Day 2750
22 Sep - 26 Sep 2025 Live Online 5 Day 2750
03 Nov - 07 Nov 2025 Live Online 5 Day 2750
08 Dec - 12 Dec 2025 Live Online 5 Day 2750
03 Feb - 07 Feb 2025 Live Online 5 Day 2750
03 Mar - 07 Mar 2025 Live Online 5 Day 2750
07 Apr - 11 Apr 2025 Live Online 5 Day 2750
09 Jun - 13 Jun 2025 Live Online 5 Day 2750

Course Overview

In an era defined by economic uncertainty, globalization, and disruptive market forces, a robust understanding of microeconomic principles has become essential for policymakers, analysts, and business leaders alike. The Microeconomic Analysis and Economic Model Development training program by Pideya Learning Academy is crafted to empower participants with the tools and frameworks required to dissect individual and firm-level decision-making, model economic outcomes, and inform policy or strategic action with precision.
Microeconomics lies at the core of economic analysis, shedding light on how consumers, producers, and markets interact in complex environments. From resource allocation and pricing strategies to government interventions and behavioral economics, the training explores the building blocks of rational decision-making in both public and private sectors. This program bridges theoretical constructs with modeling techniques, enabling professionals to create coherent, data-informed economic narratives and strategies.
Global institutions are increasingly relying on microeconomic modeling to inform real-time decisions. The International Monetary Fund (IMF) highlights that effective policy-making in transitional economies hinges on sound microeconomic diagnostics. Simultaneously, the OECD reports that more than 70% of regulatory reforms in member countries are influenced by simulations derived from microeconomic models. As the global economy becomes more data-driven and policy-dependent, proficiency in microeconomic analysis is rapidly evolving from a specialized skill to a strategic necessity.
Throughout this comprehensive course, participants will explore vital themes such as consumer behavior, demand and supply mechanics, cost functions, production optimization, and firm strategy across different market structures including perfect competition, monopoly, and oligopoly. They will also gain exposure to welfare economics, taxation impacts, government regulations, and behavioral responses to policy instruments. An integrated focus on economic modeling ensures that participants can structure and interpret quantitative models for forecasting, scenario planning, and policy evaluation.
Key highlights of this training include:
Comprehensive coverage of utility theory and consumer decision modeling to understand behavioral responses and market dynamics.
Detailed exploration of cost structures and production efficiency frameworks, enabling better assessment of firm-level operations.
Comparative analysis of market environments such as monopolistic competition, oligopoly, and regulated markets for strategic insights.
Evaluation of government policies through economic impact models, including taxation, subsidies, and regulatory interventions.
Incorporation of econometric tools and statistical analysis to enhance model accuracy and support evidence-based forecasting.
Application of microeconomic theories to real-world business strategy and public policy challenges, fostering informed, actionable insights.
By the end of the program, participants will possess the analytical confidence to construct sophisticated microeconomic models, interpret policy implications, and contribute meaningfully to economic strategy development. This training is ideal for those looking to expand their impact in roles involving research, regulatory planning, corporate strategy, or academic and institutional economics.
At Pideya Learning Academy, we are committed to nurturing analytical excellence and intellectual rigor. The Microeconomic Analysis and Economic Model Development course exemplifies this commitment by offering a rich, structured, and professionally relevant learning experience designed to elevate your capabilities and empower you to make impactful decisions in an increasingly data-centric world.

Key Takeaways:

  • Comprehensive coverage of utility theory and consumer decision modeling to understand behavioral responses and market dynamics.
  • Detailed exploration of cost structures and production efficiency frameworks, enabling better assessment of firm-level operations.
  • Comparative analysis of market environments such as monopolistic competition, oligopoly, and regulated markets for strategic insights.
  • Evaluation of government policies through economic impact models, including taxation, subsidies, and regulatory interventions.
  • Incorporation of econometric tools and statistical analysis to enhance model accuracy and support evidence-based forecasting.
  • Application of microeconomic theories to real-world business strategy and public policy challenges, fostering informed, actionable insights.
  • Comprehensive coverage of utility theory and consumer decision modeling to understand behavioral responses and market dynamics.
  • Detailed exploration of cost structures and production efficiency frameworks, enabling better assessment of firm-level operations.
  • Comparative analysis of market environments such as monopolistic competition, oligopoly, and regulated markets for strategic insights.
  • Evaluation of government policies through economic impact models, including taxation, subsidies, and regulatory interventions.
  • Incorporation of econometric tools and statistical analysis to enhance model accuracy and support evidence-based forecasting.
  • Application of microeconomic theories to real-world business strategy and public policy challenges, fostering informed, actionable insights.

Course Objectives

After completing this Pideya Learning Academy training, the participants will learn to:
Understand and articulate key concepts of microeconomic theory
Analyze consumer behavior using utility maximization and demand theory
Assess production and cost decisions in various organizational contexts
Compare market outcomes across competitive and non-competitive structures
Evaluate the effects of taxes, subsidies, and regulations on economic behavior
Build economic models to inform policy and strategic planning
Integrate statistical techniques to enhance model accuracy and forecasting
Translate microeconomic analysis into actionable insights for business and government

Personal Benefits

Participants will gain:
A deeper conceptual understanding of microeconomic mechanisms
Confidence in building and interpreting economic models
Enhanced skills in using data and analytics for economic analysis
The ability to advise on policy, pricing, and market entry strategies
Recognition as a professional with advanced microeconomic expertise

Organisational Benefits

Organizations that nominate employees to attend this training will:
Strengthen internal capacity in economic forecasting and scenario planning
Improve the quality of policy briefs and strategic analyses
Benefit from enhanced data interpretation and decision support tools
Gain valuable insights into market behavior and consumer dynamics
Increase institutional credibility through rigorous economic evaluations

Who Should Attend

This course is ideal for:
Economists and Financial Analysts
Policy Makers and Regulatory Experts
Researchers and Economic Consultants
Business Strategists and Industry Planners
Graduate Students in Economics, Finance, or Public Policy
Professionals seeking to expand their analytical and modeling skills in economics

Course Outline

Module 1: Core Concepts in Microeconomic Theory
Principles of microeconomic behavior and rational choice Market mechanisms and price determination Law of demand and law of supply dynamics Market equilibrium and shifts in supply-demand curves Utility functions and marginal analysis Budget constraints and consumer optimization Indifference curve analysis and revealed preferences Real-life applications of consumer choice theory
Module 2: Producer Theory and Cost Optimization
Production theory and input-output relationships Isoquants and isocost lines Marginal product and returns to scale Short-run and long-run production cost structures Total cost, average cost, and marginal cost calculations Cost minimization and efficiency analysis Break-even analysis and economies of scale Comparative cost structures across sectors
Module 3: Market Structure and Competitive Strategy
Classification of market structures: Perfect, Monopolistic, Oligopoly, Monopoly Price and output decisions under different market structures Price discrimination and barriers to entry Cournot and Bertrand competition models Strategic firm behavior and market power Game theory fundamentals: Nash equilibrium, dominant strategies Collusion, cartel behavior, and antitrust implications Applied simulations of competitive market behavior
Module 4: Microeconomic Applications in Policy Analysis
Role of microeconomic tools in public policy design Price controls, subsidies, and taxation impact analysis Welfare economics and consumer/producer surplus Externalities and market failure correction mechanisms Public goods and resource allocation Cost-benefit analysis techniques Microeconomic modeling for policy forecasting Real-world evaluation of regulatory frameworks
Module 5: Econometric Modeling for Microeconomic Insights
Introduction to econometric techniques for microeconomic analysis Model specification, estimation, and validation Time series vs. cross-sectional data analysis Forecasting demand and cost behavior using regression models Identifying and correcting model bias and heteroskedasticity Case-based model development and interpretation Model performance indicators and sensitivity analysis Applied use of statistical software for micro-modeling
Module 6: Uncertainty, Risk, and Behavioral Economics
Decision-making under risk and uncertainty Expected utility theory and risk aversion Behavioral economics: bounded rationality and heuristics Prospect theory and consumer anomalies Insurance markets and asymmetric information Principal-agent problems and moral hazard Risk-adjusted pricing models Policy implications of behavioral insights
Module 7: Advanced Topics in Dynamic Microeconomic Modeling
Intertemporal choice and present value theory Dynamic optimization and Euler equations Recursive models and Bellman equation Time-series modeling in microeconomic contexts Capital accumulation and consumption-savings decisions Computational modeling techniques Endogenous growth models and innovation Technological shocks and market adjustment dynamics
Module 8: Simulation, Policy Design, and Presentation
Economic scenario simulation using calibrated models Constructing policy-relevant microeconomic models Multi-market and general equilibrium models Developing visual dashboards for economic insights Designing impact assessment frameworks Final model presentations by participants Peer review and feedback session Wrap-up discussion on applied microeconomic modeling

Have Any Question?

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