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The purpose of this course is to provide you with a basic understanding of the principles of microeconomics. At its core, the study of economics deals with the choices and decisions that have to be made in order to manage scarce resources available to us. Microeconomics is the branch of economics that pertains to decisions made at the individual level, i.e. by individual consumers or individual firms, after evaluating resources, costs, and tradeoffs. When we talk about “the economy,” then, we are referring to the marketplace or system in which these choices interact with one another. In this course, we will learn how and why these decisions are made and how they affect one another in the economy. Each of the following units has been designed as a building block, where the concepts you learn in one unit will enable you to understand the material you discover in the next. By the end of this course, you will have a strong grasp on the major issues that face microeconomists, including consumer and p… Categories:
Business
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PrerequisitesIf you can suggest any prerequisite, please let us know. Paths
See all Education Paths Certification ExamsThere are exams from independent organizations where you can get certification after completion of the course. t k='certificationexamsallprov' g='dir' p1=$course.vname} StudentsPeople who learned this course or plan to learn. These people added the course to their Education Passport or their Personal Education Path. 
Danie Van Schalkwyk
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