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FP-PmikKAcad. year: 2011/2012
Microeconomics seeks to understand the forces influencing the choices individuals make as they cope with the problem of scarcity. Much of the analysis here is based on the assumption that human behavior is predictable. In analyzing economic phenomena, many simplifications are made to isolate the basic constraints under which persons must make decisions. The role of prices in influencing economic decisions is studied extensively in microeconomics.
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branch MGR-PFO-KS , 1 year of study, summer semester, compulsory
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