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Nov 24, 2024
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ECO 202: Principles of Microeconomics3 credit
Lecture 3 hours per week.
Presents the fundamental microeconomic concepts, theories, and issues including the study of scarcity and opportunity cost, supply and demand, elasticities, marginal revenues and costs, profits, production and distribution. Develops an appreciation of how these economic concepts apply to consumer and business decisions, and their effect on the individual.
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