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Class Notes Microeconomics

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Sohanur Rahman
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15 views1 page

Class Notes Microeconomics

Uploaded by

Sohanur Rahman
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd

Class Notes Microeconomics

Class Notes: Introduction to Microeconomics

1. Definition of Microeconomics: The study of individual consumers, firms, and markets.


2. Key Concepts:
- Demand and Supply
- Elasticity
- Consumer and Producer Surplus
3. Market Structures:
- Perfect Competition
- Monopoly
- Oligopoly
4. Real-World Applications: Pricing strategies, market trends, and policy impacts.

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