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CEA CAPA Partner Institution: University of New York in Prague
Location: Prague, CZECH REPUBLIC
Primary Subject Area: Economics
Instruction in: English
Course Code: ECN103
Transcript Source: Partner Institution
Course Details: Level 100
Recommended Semester Credits: 3
Contact Hours: 45
DESCRIPTION
The course provides an introduction to principles of economics and the explanation of principles of microeconomics: analysis of the allocation of scarce resources, the economics of the firm, markets and the price system. This course is intended as an introduction to basic microeconomic concepts including trade, production, consumer behavior, producer behavior and government regulation. Then we cover basics of game theory in economic examples.
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