THIS COURSE EMPHASISES ON MARKET OPERATION IN ORDER TO UNDERSTAND HOW THE ECONOMY SYSTEM IS FUNCTIONING. WHILE FORMING A COHERENT VIEW ON THE ECONOMIC REALITY, MICROECONOMICS PROVIDES TECHNIQUES THAT MAY INCREASE THE ROLE IN DEVELOPING PUBLIC POLICY AND INDIVIDUAL DECISION-MAKING. OTHER TOPICS THAT WILL BE DISCUSSED ARE THE ELASTICITY OF DEMAND AND SUPPLY, SYSTEM OF ECONOMY, THEORY AND COST OF PRODUCTION, AND ADVANTAGES AND DISADVANTAGES OF A MARKET STRUCTURE.
Skill Level: Beginner