Weeks | Topics |
1 |
Course content and topics to be addressed on method, The subject of the economy, Distinction between micro and macro economy, Economic meaning of the basic concepts of the economy such as needs, utulity, good, production,income, revenue.
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2 |
Economic meaning of the basic concepts of the economy such as consumption, savings, investment and production factors.
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3 |
Economic systems in the world, Basic features of economic systems, A comparison of economic systems, The common economic problems in every economic system.
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4 |
The concept of demand and the factors that determine,
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5 |
The concept of supply and the factors that determine.
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6 |
Market price formation, Market prices change, and factors affecting it, the impact of changes in demand and supply on the price.
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7 |
Price elasticity of demand, income elasticity of demand, cross-price elasticity of demand, Price elasticity of supply the factors determining elasticity..
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8 |
The solution of the midterm questions
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9 |
Consumer's equilibrium condition, Utility maximization of consumer ,economic meaning of consumer equilibrium.
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10 |
Types of production costs, production function, Firm’s equilibrium condition, economic meaning of firm’s equilibrium.
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11 |
Market Types(perfect competition market, The market of monopoly, Monopolistic competition market, oligopoly), Characteristics of markets.
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12 |
Firms' short-run and long-run equilibrium in perfect competition and monopoly.
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13 |
Firms' equilibrium in oligopoly and monopolistic competition.
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14 |
The share of the production factors from production, Partial and general equilibrium analysis, Market failure and the results
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