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Microeconomic theory guoqiang tian department of economics texas a&m university college station, texas 77843 ([email protected]) august, 2002/revised: february 2013 1this lecture notes are only for the purpose of my teaching and convenience of my students in class, 1 • • modern economics → theory → • 2. Standard level economics paper 2: may 2008 standard level economics paper 2 mark scheme: may 2008 if you would like to get personalized assistance or if you wish to see any specific material on this site, please feel free to inbox me on my facebook page or leave a comment below. Econ 2 market imperfections and policy (4) analysis of monopoly and imperfectly competitive markets, market imperfections and the role of government prerequisites: econ 1 econ 3 principles of macroeconomics (4) introductory macroeconomics: unemployment, inflation, business cycles, monetary and fiscal policy. An introduction to the basic principles of economics and their application to problems of environmental quality and natural resource utilization topics covered will include market failures, sustainable resource allocation, environmental degradation, pollution, and a rationale of government involvement in the market-based economy.
Portal for both student and educators on economics and financial literacy that align with national standards contains free resources and information. News about economics commentary and archival information about economics from the new york times. Economics 2 differs from economics 1 in that it has an additional hour of lecture per week and can thus cover topics in greater depth it is particularly appropriate for intended economics majors it is particularly appropriate for intended economics majors. Economists apply both qualitative and quantitative economic analysis to topics within a variety of fields, such as education, health, development, and the environment some economists study the cost of products, healthcare, or energy, while others examine employment levels, business cycles, exchange rates, taxes, inflation, or interest rates. Why study economics as an undergraduate economics is the study of how societies, governments, businesses, households, and individuals allocate their scarce resources our discipline has two important features.
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