Behaviour in Economics - Learning Outcomes and Prerequisites
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Behaviour in Economics - Learning Outcomes and Prerequisites

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After completing this module you will be able to:

List the characteristics of human behavior as defined in the areas of microeconomics, macroeconomics and finance;

List the “Axioms of Revealed Preference”, first developed by Paul Samuelson;

Describe the “Strong Axiom of Revealed Preference” (SARP) and the “Weak Axiom of Revealed Preference” (WARP);

It is recommended that you have studied the following course as a prerequisite :

"Laws of Supply and Demand"

which is available as a free online course on ALISON.

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