Basic of economics

COURSE DESCRIPTION

Economics, at its very heart, is the study of people. It seeks to explain what drives human behaviour, decisions and reactions when faced with difficulties or successes. Economics is a discipline which combines politics, sociology, psychology and history. Economics gives an ability to apply economic principles and models to problems in business, finance and the public sector. More broadly, economic concepts can be applied to understand the logic of complicated data, to see how things relate to each other, and to see the broader context.

CONTENT

1.Economics as a Science. Basic principles 2.Micro Economics: Individuals, Households and Consumers
3. Micro Economics: Firms and Markets 4. Micro Economics: The state 5.Micro Economics: Factor Markets 6.Macro Economics: Real and Monetary Economy
7.Macro Economics: Growth and Trade
8.Macro Economics: Nature and Wellbeing & Poverty