Not too easy. Not too difficult.
EC 402 deals with Microeconomics. It requires a lot of calculations and research. It was an interesting unit which we learn to use mathematica software for the first time. We have to do two research papers, encouraging us students to do a lot of research of how small sectors in the economics influence the behavior of individual and small businesses.
We learn about consumer theory and demand and even nature of monopoly business and how their prices are set in market. Imperfect competition as the models are used and general equilibrium.
Hours per week:
Advice for students:
Do alot alot of reading so it will give you a fair idea how small sectors, business and individual influence the economy.