Project Topics

1.How people make decisions? (Practically within the framework of 4 principles)

2.How people interact with each other? (Practically within the framework of 3 principles)
3.The forces and trends that affect how the economy as a whole works. (Practically within the
framework 3 of principles)
4.The effect of international trade and government intervention in the Circular Flow Diagram
of Azerbaijan.
5.Practical applications on Specialization and Trade.
6.Comparison of Competitive and Monopolistic Market examples in Azerbaijan.
7.The variables that influence buyers: Practical applications.
8. The variables that influence sellers: Practical applications.
9.Equilibrium point analysis for the selected product: Simulation for excess demand and
excess supply
10.The Price Elasticity of Demand and its determinants: Real – Life examples.
11.The Income Elasticity for normal, inferior, Giffen goods and determinants of elasticity of
supply: Real – Life examples.