Quiz — II. Topics Covered. Output and costs. Perfect competition. Quiz — III. Macroeconomic tools and policies. Gordon, ed 7th Ch 1.
Gordon, ed 7th Ch 2. Quiz— IV. Aggregate demand. Aggregate supply. Employment and unemployment. Fiscal policy. Gordon, ed 7th Ch 5. Monetary policy. Final Term Examination. Economics Course Database.
Search this site. Home Teaching Principles of Microeconomics. Environmental Economics. Statistical Inferences. Principles of Microeconomics. Recent site activity Research edited by Asfand Yar Tareen. This course is designed to introduce key microeconomics concepts and techniques applicable as tools for rational economic decision-making within the micro framework.
Students that wish to get into the college or university of their choice should seriously consider taking an Advanced Placement course or several before graduating from high school. Students that wish to get the most out of their education and excel in college should consider visiting their counselor to discuss taking Advance Placement courses.
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Skip to main content. Printer Friendly. Students will become acquainted with the system of wants and need as well as other economic systems that govern our economy. The Nature and Function of Product Markets- The study of the nature and functions of product markets falls into four areas: supply and demand models, consumer choice, production and costs theory of the firm.
AP courses will assist students in understanding the flow of money and other goods throughout the market. Students will also be able to understand the short term and long term consequences of economic choices such as price adjustments and unemployment. Factor Markets- Students will apply the concepts of supply and demand to markets for factors such as labor, resources, and property.
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