This course introduces fundamental concepts of microeconomics and macroeconomics. Students will explore how individuals, firms, and governments make decisions, and how these decisions interact in markets and economies. Emphasis is placed on applying theory to real-world issues such as inflation, unemployment, inequality, and globalization.
Objectives
By the end of this course, students will be able to:
- Explain core economic concepts such as scarcity, opportunity cost, supply and demand.
- Analyze market structures and consumer/producer behavior.
- Understand national income, monetary systems, and fiscal/monetary policy.
- Evaluate current economic issues using basic models.
- Develop critical thinking and quantitative reasoning in economics.
Course Outline:
- Introduction & Core Concepts
- Supply and Demand
- Consumer and Producer Theory
- Monetary Policy
- Global Issues & Review
Libraries
Practical information
