In Section 1 of this course you will cover these topics:
The scope and method of economics.
The economic problem: scarcity and choice.
In Section 2 of this course you will cover these topics:
Demand, supply, and market equilibrium.
Demand and supply applications .
Elasticity
In Section 3 of this exam you will be evaluated on below listed topics:
Household behavior and consumer choice
The production process: the behavior of profit-maximizing firms.
Short-run costs and output decisions.
In Section 4 of this course you will cover these topics:
Long-run costs and output decisions.
Input demand: the labor and land markets.
Input demand: the capital market and the investment decision.
In Section 5 of this course you will cover these topics:
General equilibrium and the efficiency of perfect competition
Monopoly and antitrust policy.
Monopolistic competition and oligopoly.
Externalities, public goods, imperfect information, and social choice.
Income distribution and poverty.
Public finance: the economics of taxation.
International trade, comparative advantage, and protectionism.
Globalization.
Economic growth in developing and transitional economies
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E-Learning Experience Demo
Thank you for your interest in viewing our E-Learning Experience demo. LUOA's Educational Management System is the World’s No 1 in terms of interactivity, ease and services on offer. Please provide us your details, educational area demo will follow shortly.
In Section 1 of this course you will cover these topics:
