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ECON 102 Introductory Microeconomic Analysis and Policy

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The main purpose of this ECON 102 Introductory Microeconomic Analysis and Policy course module is to let students to examine the major microeconomic issues evidently and critically. Here, in this course, the students will be introduced to the techniques and tools of economic analysis, and these analytical tools will be implemented to questions of present policy interest. One of the significant goals of this course is to take each and every student as far down the path of "thinking like an economist" as doable.

By the end of this course curriculum, students will be competent to:

  • Acknowledge the consumer behavior.
  • Comprehend the firm behavior.
  • Examine diverse kinds of market structures (monopoly, oligopoly & competitive markets).
  • Explain the situations beneath which the market result is not proficient.
  • Comprehend what situations decide the prices of productive inputs.
  • Comprehend how to implement economic principles to an assortment of policy questions.

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