Courses @ UNIRAZAK

Microeconomics

Credit

3

Level of Study

Diploma

Synopsis

This course covers an in-depth analysis of economic concepts and application involving mainly partial equilibrium analysis of demand, production, supply and the structures of markets. Market efficiency and market failure are discussed in the context of social welfare.

Learning Outcomes

  • Describe the concept or principles of micro-economic to analyse of real economic problems.
  • Debate logical arguments based on microeconomic principles.
  • Propose solution and distinguishing judgments of fact from those of value.
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