Four key economic concepts—scarcity ... Scarcity explains a basic economic problem: the world has limited resources and seemingly unlimited needs. This reality forces people to make decisions ...

on some basic economics concepts and theory that are relevant to discussions concerning the political economy of Europe that students will come across in their other courses during their MSc degree.

We use a collection of basic economic concepts including supply and demand, externalities, incentives, property rights, agency conflicts, and information asymmetries. We develop these tools and then ...

It studies how the economy behaves, performs, and functions by addressing different economic concepts like gross domestic product (GDP), employment, and inflation. Macroeconomists can use the ...

This is a Moodle-based course offering a series of reading material and study guides on some basic economics concepts and theory that are relevant to discussions concerning the political economy of ...