Survey of Economics

Catalog description

This course aims to provide an overview of the relevant areas of economics. After developing basic economic principles, such as the rationality assumption, the marginal benefit and marginal cost framework, and demand and supply analysis, equal attention is devoted to the principles of microeconomics and macroeconomics. Areas of study include firm decisions under various market structures, the role of money, central bank, and interest rates in the economy, as well as differing views on how an economy grows.