Β' Εξάμηνο

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Short Description

At the end of the semester students must be able to:

  1. Explicate the way product markets operate and determine demand and supply functions
  2. Define and explain the decision making of consumers to consume goods given their income and products’ prices,
  3. Explain-depict production and cost functions at short and long time periods,
  4. Comprehend-explicate and compare the behavior of a firm operating under conditions of both Perfect Competition and Monopoly.