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Bachelor of Business (Accounting)

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BBAC202 Economic Principles

In the course, Economic Principles will learn about the fundamental principles of economics and how they are applicable in the framework of micro and macroeconomics. The course consists of two parts. In the first part, students will study the principle and practices of microeconomics and it will include topics such as demand and supply, price and income elasticity, market structure and financial systems and more. The second part will focus on the principle and practices of macroeconomics. It examines a variety of economic factors that affect various aspects of the entire economic system and shows how these factors behave in predictable ways.

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