Course info
This course provides essential tools for analysing how scarcity influences
decision-making, ranging from personal budgeting to corporate profit
maximization. Explore the dynamic relationship between supply and demand,
investigating the forces that determine prices and resource distribution. Through
the examination of real-world examples such as market competition,
government policies, and external factors, learners will enhance critical thinking
and problem-solving abilities. This course empowers learners to make informed
decisions as a citizen and effectively navigate economic challenges in their
everyday lives.
- BCM Teacher: Gopika Lakshmi S