Description:

Economics is a social science that studies how individuals, governments, firms, and nations make choices on allocating limited resources to satisfy their unlimited wants. It involves analyzing the production, distribution, and consumption of goods and services.

Key Highlights:

• Understanding supply and demand
• Exploring market structures
• Analyzing economic policies

What you will learn:

• Comprehend Supply and Demand Dynamics
  Learn how the forces of supply and demand interact to determine prices and quantities of goods and services in the market.
• Study Different Market Structures
  Explore how various market structures such as perfect competition, monopoly, oligopoly, and monopolistic competition impact consumer welfare and market efficiency.
• Examine Economic Policy Implications
  Understand the role of government intervention in the economy through fiscal and monetary policies to promote economic growth and stability.