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However, Applied Economics is not the only course in the first year of economics which presents students to economic theories. Instead, this is the course that is usually compulsory for all freshmen and sophomores, for it consists of the most essential of all the economics courses (in my opinion).

Students must find out what economic theory they will be discovering when they register for the term's coursework. The options for fundamental classes include macroeconomics, microeconomics, and strategic management. Each of these locations of research study is basically based upon the function of rates in society.

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