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Microeconomic Concepts Students Should Learn before Intermediate Macroeconomics

Michael K. Salemi
The Journal of Economic Education
Vol. 27, No. 2, Teaching Macroeconomics (Spring, 1996), pp. 116-125
Published by: Taylor & Francis, Ltd.
DOI: 10.2307/1183019
Stable URL: http://www.jstor.org/stable/1183019
Page Count: 10
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Abstract

Before entering into the study of intermediate macroeconomics, students should have mastered four microeconomic concepts: relative prices, general versus partial equilibrium, constrained optimization, and the nature of production inputs.

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