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D319 – Understanding Economic Behavior: Households, Firms and Markets
This course is designed to be taken after DD202 Economics and changing economies. Households, firms, and markets are three of the most important types of institution making up the economy. This course develops a critical understanding of fundamental economic issues relating to these three institutions by using mainstream economic theory and less orthodox interdisciplinary approaches. The course examines the behavior of economic agents by investigating the outcomes of their decisions and introduces ways of trying to model the processes of decision-making as well as the outcomes. |