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Introduction to Microeconomics - Coggle Diagram
Introduction to Microeconomics
The scope of Economics
Microeconomics
Macroeconomics
Positive and Normative economics
Scarcity and choice
Central economics
Kinds of resources
Scarcity and choice
Production Possibility Curve
Defining Economics
The methodology of economics
Disagreements
Economic models
Method of derrivation
Free market economy and other market systems
Capital economy
Externalities
Boom and bust
Price mechanism
Command economy
Mixed economy
Capital bias
Social bias
Use of mathematical concepts