Teachers | ||
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Elective, Credits | Elective 2 credit [Department of Business Administration] | |
Syllabus Number | ECT-202 |
This course introduces supply and demand and the basic forces that determine an equilibrium in a market economy. Students will learn a framework about consumer and producer behavior with the terminology and analytic principles used in microeconomics, by intuitions such as break-even and shut-down points, market equilibrium, monopoly market, and deadweight loss.