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Introduction to Microeconomic Principles

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Microeconomics studies how rational people make decisions when there aren t enough options and how markets coordinate these choices In this unit of the course Introduction to Microeconomic Principles students will learn how markets work to improve the economy s efficiency and why markets often fail Here students will learn how buyers and sellers act in the market and how government interference can reduce economic waste The course mentioned above will also teach how rational people respond to incentives The course module will talk about the proper role of the government in the economy the importance of competition in the market and how demands that trade factors of production like labour work The main goal of the whole course will be to teach students how to think like an economist.(Nursing Assignment Help)

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