IF1105 (IF1105)
City University (City)
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Lecture notes
Basic concepts of Microeconomics
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---2June 20222021/2022
- A brief introduction to what economics is and how it is split into two groups. It introduces the main concepts of economics such as Opportunity Cost of Capital and Scarcity. There is also a diagram of production possibility boundary in order to clear the doubts on how trade-off works.
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