Introduction to Microeconomics

This course presents the fundamentals of Economics with a focus on the behaviors of consumers and producers, and government regulations that affect the dynamic interaction between buyers and sellers in an economy. Major topics include consumer choice theory, production, and profit maximization of firms operating under various market structures, such as Perfect Competition, Monopolistic Competition, Oligopoly and Monopoly. The course also covers the labor market and wage determination under varying market conditions.

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