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Introduction to Microeconomics

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• ECO102 will introduce you to microeconomics: • Study of how individuals/households/firms make decisions over using scarce resources • Primarily, we will be focused on introducing you to the supply and demand model at the heart of most microeconomic analysis • Also cover concepts that are related to the market model and are central insights of microeconomics • For example: economic efficiency, measuring/understanding elasticities

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Institution
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Uploaded on
March 19, 2024
Number of pages
25
Written in
2023/2024
Type
Presentation
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R880,02
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