Econ 1102: Principles of Macroeconomics
E.Macroeconomics vs. Microeconomics. F.Positive and Normative statements. II.Use demand and supply to describe the allocative function of prices and markets. A.Demand, Law of Demand, and Determinants of Demand. B.Supply, Law of Supply, Determinants of Supply. C.Market Equilibrium. D.Surplus and shortage. III.Define the concepts of consumer ... ................
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