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Microeconomics: Price and Trade
This course is very helpful not just for business entrepreneurs who are in the trade industry but also to those who want to understand how microeconomic conditions affect everyday life. It is the second in a series of four courses on microeconomics and if you have finished studying ‘Microeconomics: Supply Demand and Equilibrium’ now is a good time to take this course.The material will first introduce you to the price system. You will learn that a price is a signal that conveys information and you will discover how markets are linked all over the world. The course will teach you that markets collapse huge amounts of relevant information into a single number called the ‘market price’. You will look into the prediction market and learn that prices in futures markets can provide signals for future events.Next you will look into price ceilings and price floors. You will learn that when the quantity of goods demanded exceeds the quantity supplied a shortage will result. You will look into the three benefits of trade and study about tariff and international trade and see how imports are paid for with exports and that economic growth reduces child labour.
Disclaimer: Product information, including title, description, and images, is sourced/provided by our affiliate partner, Alison US CA.
Disclaimer: Some of the links on this website are affiliate links, meaning we may earn a commission if you click through and make a purchase. This comes at no additional cost to you.
By clicking the button above, you acknowledge that you will be redirected to a third-party website and agree to their terms and conditions.
Product information, including title, description, and images, is sourced/provided by our affiliate partner, Alison US CA.
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Share this product with a friend:
Refer a friend and earn 0.05 CEC when they click the link, plus an additional 1.00 CEC if they register. Share this Product and boost your earnings together!
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