Course Content
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The main aim of this lesson is the need for determining the distribution of economic resources, goods and services, especially a choice for which ones, how and in which quantity they will be produced and distributed to. In this concept, this lesson considers to teach most important concepts of economy as an intoduction, the basics of theories and some application examples. And also in this lesson, stutents will also learn in what ways the society maximizes their utility. Economics Concept, Economic Activities, Economic Analysis, Goods Market, Demand Concepts Market Demand, The Supply Concept, Market Supply, Market Equilibrium, Demand Elasticity Supply Elasticity, Producer and Consumer Surplus, Black Market Surplus King Rule, Cobweb Theorem, Demand Analysis Supply Analysis, Supply Analysis, The Change in The Producer Budget and Expansion Paths, Production Costs, Short Run and Long Run Cost Curves, Economies of Scale, Market Equilibrium, Market Forms, Perfect Competition Market Conditions, Monopoly Market Conditions, Price Discrimination in Monopoly, Imperfect Competition Markets, Oligopoly Markets and Monopolist Competititon Markets will be discussed as the main topics during the semester
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