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CLO4: Analyze and apply various perspectives in using economic models for decision-making. Resolve financial problems in real-life situations through the use of appropriate case studies

CLO4: Analyze and apply various perspectives in using economic models for decision-making. Resolve financial problems in real-life situations through the use of appropriate case studies

  • Elasticity and types
  • Changes in total revenue analysis based on elasticity types
  • Determinants of elasticity

CLO5: Evaluate and explain trade practices in the global economy Support arguments by referencing trade agreements, trade barriers, and other related matters

  • Free trade
  • Typesof trade barriers
  • Tariff versus Quota

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