1. Understand the main questions in Economics besides concepts covered in both Microeconomics and Macroeconomics
2. Apply basic quantitative methods to understand microeconomic and macroeconomic concepts
3. Critically analyse production processes and cost functions in the theory of firm.
4. Calculate Nominal and real GDP; discussions surrounding inflation and unemployment; Analysing ways to improve aggregate demand and supply
Context:
The discussion forums will be used weekly to discuss the readings, concepts and ideas, analyse the issues raised and clarify any questions arising from these. It is also a way to interact with your fellow students. Participation in class is important in helping to achieve the learning outcomes.
Instructions:
You are expected to participate in weekly online discussions. You are required to draw links between the scenario, the learning resources and discuss the same in class. You are encouraged to reflect on the relevance of key concepts/ideas presented to your experience, prior knowledge or workplace/region. The style of the online discussions is informal but professional. Please note: Discussion should be on the topic matter (theory/theory application).
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