ECO 100 Survey of Contemporary Economic Issues
ECO 100 Survey of Contemporary Economic Issues course includes the Theory of Economics.
Definition-The course describe about how the work of economies is presented, The theory described that (for an example) if payments are too high, than the growth of economic will suffer.
The Course ECO 100 Survey of Contemporary Economic Issues also includes the following:
- Demand and Supply - The demand and supply are inversely related to each other. When the supply is more than demand than the cost of goods and services decreases. Similarly when the demand is more than supply the cost of goods and services increases.
- Price Elasticity - When consumers react to the prices of products and services, the process to measure that is called Price Elasticity.
ECO 100 Survey of Contemporary Economic Issues offers 3 Credits. Contemporary economic issues are discussed & relevant economic theory is explained throughout this economics course of study. The economic theories of supply & demand, and price elasticity and competitive markets, are explained.
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