Learning Objectives
The Course provides an overview of microeconomic issues:
1. Fundamentals of the economic analysis
2. The benefits of trade
3. The market forces of supply and demand
4. Markets in equilibrium
5. Elasticity and its applications
6. Supply, demand and government economic policies
7. Consumers, producers and the efficiency of markets
8. Market efficiency
9. The design of a tax system and the cost of taxes
10. International trade
Last modified: Monday, 13 January 2014, 1:06 PM