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New Course
Concept
Demand Theory
Demand theory
is a
fundamental principle
in economics that examines
consumer behavior
and how various factors influence the
quantity of goods
and services demanded. It highlights the relationship between price,
consumer preferences
, and income, providing insights into
market dynamics
and
decision-making processes
.
Relevant Fields:
Economic Theory and Concepts 70%
International Trade 20%
Operational Research 10%
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