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School of Economics and Finance

ECN113 - Principles of Economics

Credits: 15
Semester: A

This module will be an introduction to economic reasoning and analysis. No prior knowledge of economics is necessary. The module will cover standard topics such as: demand, supply and price in consumer markets; demand, supply and price in labour markets: returns to education, the New Deal; competitive equilibrium: optimality; trade; market power; price discrimination, oligopoly, government policy; externalities and the environment; public goods, taxes and free-riding; globalisation; growth.

Level: 4

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