Economics

Course summary

As an individual, you face the problem of having only limited resources with which to fulfil your unlimited wants. As a result, you must make certain choices with your money, economists are interested in the choices you make. We will learn how we can model human behaviour by making assumptions. These models allow us to make predictions from a consumer switching between substitute goods in microeconomics to a whole country specialising in the production of a raw material in macroeconomics.