ECON 6002 Economic Principles and Decision Making

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This ECON 6002 Economic Principles and Decision Making course introduces students to different economic concepts, theories and analytical techniques. Specific emphasis will be placed on microeconomics, which is the analysis of choices made by various units charged with making decisions, and macroeconomics -the analysis of the economy as a whole. Learners are expected to familiarize themselves with the use of market, supply and demand as a fundamental model in which trade-offs and choices are determined through comparison of costs as well as benefits of action. Learners will also analyze production and market structures at the firm level.

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