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Law and Economics

Economy is the foundation and law is the superstructure. The content of law comes from social and economic life, which in turn promotes the progress and development of social and economic life. Economy is a material phenomenon, and economics is a science. Economics provides scientific methods for people to deeply understand economic phenomena and carry out economic construction. Market economy is an economy ruled by law. Law and economics is an interdisciplinary subject of law and economics. Because the relationship between law and economics is so close, an excellent lawyer must have rich knowledge of economics at the same time
Macroeconomics
Mesoeconomics
Microeconomics
Cost emphasized in Economics
Disadvantages of free market economy
Disadvantages of planned economy system
Relationship between supply and demand and price
Theory of cardinal utility
Ordinal utility theory
Marginal utility theory
Cost curve
The reason of monopoly
Advantages and disadvantages of perfect competition market
Economies of scale and diseconomy of scale
Equilibrium, advantages and disadvantages of the monopoly market
Principal- agent theory
Multiplier theory
Monetary policy




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