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ECON1101 Microeconomics 1

Microeconomics 1 is a course that studies at how individuals and companies balance costs and benefits when making decisions, and how the interaction of those decisions results in market and social outcomes. The course provides information on how market supply and demand is employed to examine the effects of taxes, subsidies and other government interventions in market activities. It also examined different market structure implications including perfect competition and monopoly.

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