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ECON1011 Principles of Economics
Students are introduced to economic theories and current issues in the course Principles of Economics. Additionally, fundamental concepts like markets and how they function, firm behavior, the effectiveness and potential drawbacks of markets, the function of government, and significant macroeconomic issues like recessions, inflation, and unemployment, as well as current fiscal and monetary policies, will be introduced to the students. Through discussions of various theoretical stances and applications to current economic issues, the course will clarify concepts. Students are also exposed to current economic policy controversies and developments in this subject.
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