
This course provides a comprehensive introduction to the fundamental principles and concepts of microeconomics. Students will learn about how individual economic agents—consumers, firms, and resource owners—make decisions in the face of scarcity. We will explore topics such as supply and demand, elasticity, consumer choice theory, production and costs, market structures (perfect competition, monopoly, monopolistic competition, and oligopoly), and the role of government in the economy. The course aims to equip students with the analytical tools necessary to understand and evaluate real-world economic issues.
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- Teacher: Teah Pajibo