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Basics1

Principles of EconomicsNo ratings for this module yet.Basics in EconomicsYou will receive an introduction to the fundamentals of economics, divided into microeconomics and macroeconomics. You will learn how individual behavior of households and firms leads to market supply and demand, which causes and consequences of market failures exist, and what role government interventions play. At the macro level you will learn how to measure economic growth, inflation and unemployment and which instruments of monetary and fiscal policy can influence fluctuations.6 ECTSruns this semesterWI001056_1