ECON3037 Microeconomics (3 units)
- CHSE1005 Essentials of Economics
- Medium of Instruction:
This course aims at providing students with more knowledge of economic theories which are relevant for the analysis of both market economies and planned economies, as well as systems which are in the process of transition. After discussing major approaches to the investigation of different microeconomic phenomena, efficiency and welfare issues concerning capitalist and socialist systems will be covered, leading to a study of microeconomic transition options. Students will be familiarized with examples involving China through exercises.
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