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CO1 - Explain how unlimited desires and limited resources combine to create the need for economic analysis CO2 - Outline the flow of goods and

  • CO1 - Explain how unlimited desires and limited resources combine to create the need for economic analysis
  • CO2 - Outline the flow of goods and resources to and from economic decision makers
  • CO3 - Explain the relationship between consumer demand and producer supply
  • CO4 - Describe the four basic types of market structures
  • CO5 - Explain the difference between positive and normative economics and how this affects ethical decision making

Please answer the following questions with supporting examples and full explanations.

  1. For each of the learning objectives, provide an analysis of how the course supported each objective.

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