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Lecture
Market Economy: Equilibrium and State Interventions
Description
This lecture covers the principles of microeconomics, focusing on the fundamental economic problem, market economy, state interventions, and the functioning of a pure market economy. It explains the concepts of demand, supply, market equilibrium, and the role of the state in resource allocation. The lecture also discusses the production possibility frontier, opportunity cost, and the impact of shifts in demand and supply curves on market dynamics.
Official source
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