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Introduction to Quantitative Economics unit deals with the study of economic theory and real world applications of related theories and its limitations in present world. This unit deals with the study of economic behavior of consumers and producing firms and their interaction in markets for goods, services and other factors of production, strategic interaction and analysis of public goods. It deals with the study of different macroeconomics concepts such as aggregate economic variables and working of national economy and aggregate outputs, gross domestic product, employment and unemployment based factors and different governmental policies that influence variables.
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