Karabakh University Courses
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[ECON100] Principles of Economics
Instruction Language
Azerbaijani
Course Description
This course introduces students to the fundamental principles of microeconomics and their relevance to law, public policy, and social analysis. Students examine how individuals, households, and firms make decisions under conditions of scarcity and how markets function through the mechanisms of supply, demand, and price. The course explores concepts such as competition, market efficiency, consumer behavior, and market failure, providing students with economic reasoning skills essential for understanding regulatory frameworks, economic policy, and legal decision-making.
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