We have now reached the end of the semester and our last DB. Select a course learning outcome from the list below and explain how you will use what you have learned this semester to make yourself a better decision maker - whether at home, the workplace or at school.

Microeconomics Course Learning Outcomes

1. Explain Microeconomic theories such as: consumer decision making, business decision making, market clearing prices and market failures.
2. Use supply and demand analysis to predict or evaluate the effects of government policies or other events on society's allocation of resources; including clear written explanations of the graphic analysis.
3. Evaluate the interaction between markets, individuals, businesses and the government.
4. Show how the production and pricing decisions of firms depend on costs and the degree of competition faced by firms.
5. Compare and contrast the performance of various market structures ranging from perfect competition to monopoly.
6. Illustrate the welfare loss resulting from market failures such as externalities, and evaluate government policies to address those failures.