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What is EC 111: Principles of Economics Course about?

This course provides an introduction to microeconomics and macroeconomics. Microeconomics analyzes the choices made by households and firms, using a supply and demand model to examine costs, benefits, and market structure. Macroeconomics analyzes the overall economy, modeling the interaction of goods, labor, and money markets and examining economic growth and instability. The course also considers how government policy can address market failures and influence economic outcomes at both the micro and macro l

Author

Fred Mukonda

Language

EN