This is a two-term course emphasizing economic principles, models and tools to understand contemporary economic issues and to prepare students for taking more advanced courses in economics.
Course Description
In the first term students will be exposed to the basic principles and models simulating the behaviour of individuals, firms and markets; as well, they will learn how to apply some of these principles in particular policy contexts.
In the second term students will learn the basic principles underlying the workings of the economy as an aggregate entity. In particular, they will be exposed to the long-term production and growth issues including unemployment and its natural rate and the short term- economics fluctuations, using the framework of aggregate demand and supply.
Finally, they will learn on the role of government in influencing economic outcomes using monetary and fiscal policy
What Will I Learn?
- Principles of economics
- Public polices
- Concept of Monopoly
- Factors of production
- Equilibriums
- Gross domestic products
- Theories of inflation
- Aggregate demand and supply
- Monetary and fiscal policies
Course Requirements
- Interest in economics
- Desire to succeed
For Who?
- Students
- General learners
- General public
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