The course covers both managerial economics and macroeconomics. Topics related to ethics and corporate social responsibility were discussed particularly during the managerial economics section. Cases on “The Organ Market” and the costs of Smoking and Alcohol were used to elaborate on the role of markets and the state to address these issues. A case on sustainable development was also used to discuss the concept of opportunity cost. In brief, cases involving ethics and social responsibility were used to explain economic concepts.
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