ECON 205 Fundamentals of International Economics
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In this ECON 205 Fundamentals of International Economics course, students will learn about the two branches of economics, that is; macroeconomics and microeconomics. Additionally, they will learn about the key concepts related to economics such the economic problems, economic theory, monetary policy, and the productive structure, that is; goods and services and productive sectors. Aims of the ECON 205 Fundamentals of International Economics course are:
- Understanding the relationship between economic agents and the principal economic magnitudes.
- Introducing the student to basic concepts of economies from both macroeconomics and microeconomics
- To understand the function of a country's external sector and how it can be affected by specific variables.
- To know the main factors that influences the economies of countries and householders.
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