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I wanted to know if the syllabus for Economics in Level 1 is the same as the one taught in a Economics 101 type of course?
If not , are there any prerequisites for Economics in level 1 , If so then what are those prerequisites?
Mathematics could be one but that’s OK , I want to know the others. -
Hi @k10111v, I would say it’s more than Econ 101; that is, broader and deeper. It covers a lot of material, including Microecon (demand/supply, consumer demand, theory of the firm, market structure), Macroecon (aggregate output, business cycles, fiscal & monetary policy) and International Econ (trade, currency exchange). The level is also pretty deep in concepts, but no calculus is needed. I don’t think there’s a pre-requisite other than resilience in trying to understand all the material. Hope this helps!
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@edulima It’s true the other way round also , Right? If I study Level 1 Econ , I automatically cover everything in Econ 101.
The essence of me asking this is that I never took anything like Econ 101. So studying Level 1 Econ would the start off with the basics but will get broader and deeper? If this is the case it’s perfect for me. -
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