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Economics 7135

2个单元

The operation of markets and market failure

Economic methodology and the economic problem
Price determination in a competitive market
Production, costs and revenue
Competitive and concentrated markets
The market mechanism, market failure and government intervention in markets

The national economy in a global context

The measurement of macroeconomic performance
How the macroeconomy works : the circular flow of income, AD/AS analysis, and related concepts
Economic performance
Macroeconomic policy

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