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FACULTY OF ECONOMICS AND RURAL DEVELOPMENT ARE 100 A THEORY OF PRODUCTION AND CONSUMPTION (INTERMEDIATE MICROECONOMICS) Pham Van Hung ( [email protected] ); Nguyen Huu Nhuan and Nguyen Thi Duong Nga GENERAL INFORMATION Course Description This course is designed to provide a comprehensive introduction to the microeconomic theory of competitive market based economic systems. This module is an intermediate level of microeconomic courses. It therefore provides sound analytical perspectives on the behavior of consumers, firms, and competitive markets. The detailed topics including in the course are the market, supply and demand, and a theory of consumers. In addition, production, cost, profit of a firm and the analysis of competitive markets are also covered by the course. Course Goals At the conclusion of the course each student is expected to (1) understand the theory of consumer demand, production, cost, supply and determination of market price under conditions
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