This course introduces students to the concepts and basic principles of the macro and micro economic, with a focus on the use of economic concepts and tools to understand and analyze economic changes, economic growth, unemployment, and inflation.
This course provides an overview of economic instruments owned by the state to influence the economy. The course also offers the students the traditional economic theory, and encourages them to think critically about the right performance of the market against the need for government intervention necessary to achieve the desired results. Students will also learn how to apply economic thinking for a number of policy areas, including taxes, spending on social programs, and the economic impact of environmental policies / energy, and policies of the minimum wage, monetary policy, and economic stimulus.