| This course is designed to exposed to the
economic way of thinking and learn about the functioning of a modern market
economy. The early part of the course focuses on microeconomic analysis
including the behaviour of consumers and firms. Students will analyze markets
for goods and services and policy choices that affect these markets. The
later part of the course moves on to macroeconomic concepts such as national
production, employment, inflation and interest rates. The students then
discuss the role of government regulation, monetary policy, fiscal policy and
international trade. |
