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ECON 20000 The Elements of Economic Analysis

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Following are the components of economic analysis under course ECON 20000 The Elements of Economic Analysis:

  • Function.
  • Factors.
  • Importance.
  • Considerations.
  • Warning.

Following are also the 5 elements of economics under course ECON 20000 The Elements of Economic Analysis:

Five economic concepts that every students should know are as follows:

  • Demand and supply.
  • Scarcity.
  • Cost of opportunity.
  • Time value of earnings.
  • Purchasing power.

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