Code | Name of the Course Unit | Semester | In-Class Hours (T+P) | Credit | ECTS Credit |
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UTI101 | INTRODUCTION TO ECONOMICS | 4 | 3 | 3 | 6 |
KEY LEARNING OUTCOMES OF THE COURSE UNIT (On successful completion of this course unit, students/learners will or will be able to) |
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Solve the impact of welfare and activity issues in economic decision-making processes. |
Explain the factors affecting the determination of consumer preferences. |
Explain how the markets work |
Explain firm behavior for different markets. |
The macro basically categorizes it on the measurement of the economy. |
Compares the macro-economic process between short-term and long-term. |