Course Description
This course introduces microeconomics to the student by showing how consumers and producers choose to allocate scarce resources to satisfy their unlimited wants. This course emphasizes the nature and functions of product markets,factor markets and the role of government in promoting greater efficiency and equity in the economy. Topics include scarcity,demand and supply,equilibrium,opportunity costs, production possibility and indifference curves,specialization,comparative advantage,economic profit,the different types of market structures,and world trade and equilibrium
Basic Information
Category :
ECONOMICS
Enrollment start date :
2024 Summer
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