1TEACH ME
Explain [topic] in Intermediate Microeconomics to me step by step at a [beginner / intermediate / advanced] level. Use a simple example first, then a harder one, and ask me a question to check I understood.
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Intermediate Microeconomics: Consumers, Firms and Markets – AI Tutor-Enabled Course Book
Original price was: $52.00.$35.00Current price is: $35.00.
- AI Tutor-enabled
- Self-paced
- Intermediate
- Modules
- 10
- Study time
- About 35 hours
- Format
- Digital course book (PDF)
- Projects
- 4 + capstone
Master the models economists use to explain choices, prices and markets.
TypeNotes & books
DeliveryInstant download after payment
- Instant download after payment
- Lifetime access in My Courses
- Secure checkout
AI Tutor-Enabled Self-Paced Professional Course Book
Master the models economists use to explain choices, prices and markets.
Intermediate Microeconomics is a self-paced course book covering consumer choice, production and costs, market structures, game theory, general equilibrium and market failure. Graphs, maths and intuition are combined so you can solve exam problems and explain the economics behind them.
Is this you?
- Indifference curves and budget lines are hard to draw correctly
- Lagrange optimisation feels mechanical
- Cost curves are easy to mix up
- Game theory problems take too long
- Exam answers need both diagrams and maths
- You understand lectures but struggle with problem sets
This course book is built to close exactly that gap: clear explanations, worked practice and an AI tutor that guides you instead of just giving answers.
- Learn
- Practise
- Check with your AI Tutor
- Build projects
- Get assessed
What you’ll learn in 10 practical modules
01 Budget Constraints and PreferencesModel what consumers can afford and what they prefer.
Key concepts
- Budget line
- Indifference curves
- Marginal rate of substitution
Sample practice
- Draw a budget line for income 100, prices 2 and 5
- Find the MRS for U=x^0.5 y^0.5
02 Utility MaximisationFind optimal consumer choices.
Key concepts
- Tangency condition
- Lagrange method
- Corner solutions
Sample practice
- Maximise U=xy with income 60, prices 2 and 3
- Explain a corner solution
03 Demand and ElasticityDerive and analyse demand.
Key concepts
- Income and substitution effects
- Slutsky equation
- Price and income elasticity
Sample practice
- Decompose a price change into two effects
- Compute price elasticity at a point
04 ProductionModel how firms turn inputs into output.
Key concepts
- Production functions
- Marginal product
- Returns to scale
Sample practice
- Check returns to scale for Q=K^0.3 L^0.7
- Find the MRTS
05 CostsUnderstand the cost curves behind supply.
Key concepts
- Short-run and long-run costs
- Cost minimisation
- Economies of scale
Sample practice
- Find the cost-minimising input mix
- Sketch AC and MC curves
06 Perfect CompetitionAnalyse competitive markets.
Key concepts
- Profit maximisation
- Short-run and long-run equilibrium
- Consumer and producer surplus
Sample practice
- Find the firm’s supply curve
- Calculate deadweight loss from a tax
07 Monopoly and Price DiscriminationAnalyse market power.
Key concepts
- Monopoly pricing
- Deadweight loss
- First, second and third-degree price discrimination
Sample practice
- Find monopoly price for P=100−2Q, MC=20
- Compare discrimination outcomes
08 Game TheoryModel strategic interaction.
Key concepts
- Nash equilibrium
- Dominant strategies
- Sequential games
Sample practice
- Find the Nash equilibrium of a 2×2 game
- Solve a game by backward induction
09 OligopolyAnalyse markets with few firms.
Key concepts
- Cournot competition
- Bertrand competition
- Stackelberg leadership
Sample practice
- Solve a Cournot duopoly
- Compare Cournot and Bertrand outcomes
10 Market Failure and WelfareSee when markets fail and what policy can do.
Key concepts
- Externalities
- Public goods
- Asymmetric information
Sample practice
- Find the optimal Pigouvian tax
- Explain adverse selection in insurance
Use AI as your personal tutor, not an answer machine
The course book includes ready-to-use prompts for ChatGPT, Copilot, Gemini or any capable AI assistant. Each mode makes the AI teach, guide, check or challenge you, so you build real understanding.
2GUIDE ME
I am working on this problem: [paste problem]. Do not give me the answer. Give me one hint at a time and wait for my next step.
3CHECK MY WORK
Here is my solution: [paste working]. Check each step, tell me exactly where any mistake is and why, but let me correct it myself.
4CHALLENGE ME
Give me three exam-style Intermediate Microeconomics questions on [topic], getting harder each time. Wait for my answers, then mark them and explain what I missed.
5HELP ME APPLY IT
Show me how [topic] from Intermediate Microeconomics is used in a real situation, then give me a small task to try it myself.
Verify before you trust
- Ask a clear, specific question
- Solve it yourself first
- Test the answer by substituting or estimating
- Check it against the worked examples in the book
- Validate with your teacher if the AI and the book disagree
Don’t just study it. Build evidence you can show.
Project 1
Consumer Choice Case
Model a real budgeting decision with utility maximisation.
Project 2
Firm Cost Analysis
Build cost curves for a simple business.
Project 3
Market Power Report
Analyse a real industry’s structure and pricing.
Project 4
Policy Brief on an Externality
Recommend a policy for pollution or congestion.
Final capstone
Microeconomics Problem Set Portfolio
Solve and explain 20 exam-style problems with diagrams and maths.
Who this course book is for
- Undergraduate economics students
- Business and finance students
- Public policy students
- MBA students
- Students preparing for graduate economics
- Self-learners
Where these skills lead
- Economics
- Policy analysis
- Consulting
- Finance
- Business strategy
- Research
The course builds skills and evidence; it does not guarantee employment or exam results.
What you receive
- 10 progressive learning modules
- Learning objectives, key concepts and practice problems
- Ready-to-use AI Tutor prompts for five learning modes
- Practical projects and a capstone
- Portfolio guide, assessment rubric and completion checklist
- Instant download and lifetime access in My Courses
| Format | Digital course book (PDF) |
|---|---|
| Learning mode | Self-paced + AI Tutor |
| Level | Intermediate |
| Study time | About 35 hours |
| Created by | NoteStore Academy |
| Certificate | Optional project and portfolio assessment |
| Licence | Personal learning use |
| Updated | November 2, 2026 |
Certificate pathway
Want a certificate? Submit your work for optional assessment by NoteStore Academy. Certificates reflect demonstrated work, so they are not issued automatically with purchase.
Module practice work20%
Projects 1–440%
Capstone project30%
Portfolio and reflection10%
Frequently asked questions
How much maths is involved?
Basic calculus (derivatives and simple optimisation). Every maths step is explained alongside the economics.
Does it include diagrams?
Yes. Each model is shown graphically and algebraically.
Is it suitable for MBA students?
Yes, especially modules 5–10 on costs, market structure and strategy.
Does it cover game theory?
Yes, in modules 8 and 9.
How do I get the course book after paying?
Your download link appears on the order confirmation page straight away, is emailed to you, and stays in My Courses in your account.
Which AI assistant can I use?
Any capable assistant works, such as ChatGPT, Microsoft Copilot or Google Gemini. The prompts are written to work with all of them.
Start today
Intermediate Microeconomics: Consumers, Firms and Markets
Self-paced, AI Tutor-enabled and project-based. Download instantly after payment and keep it in My Courses.
Original price was: $52.00.$35.00Current price is: $35.00.
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