In What Countries Are Students Required to Determine Their Course

question 170

Multiple Choice

In what countries are students required to determine their course of study before they arrive and only study that subject while at the university?

• A)South American
• B)European
• C)Asian
• D)African

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Definitions:

Neoclassical Economics

An economic theory that focuses on how individuals' rational behavior and efficient markets lead to an allocation of resources that maximizes utility and profit.

Behavioral Economics

This discipline of economics examines the role of psychological, cognitive, emotional, cultural, and social aspects in shaping the economic choices of both individuals and institutions.

Neoclassical Economics

A framework within economics that focuses on the determination of goods, outputs, and income distributions in markets through supply and demand.

Uncertainty

The state of having limited knowledge where it is impossible to exactly describe the existing state, a future outcome, or more than one possible outcome.