EKO 201E - Economics

Course Objectives

1-) To provide basic microeconomic concepts such as tradeoff, opportunity cost and gains from trade.
2-) To understand how market forces of demand and supply determine the equilibrium price and quantity.
3-) To understand the rationale for government intervention.
4-) To understand key macroeconomic concepts such as national income, growth, inflation, and unemployment.

Course Description

1-) To provide basic microeconomic concepts such as tradeoff, opportunity cost and gains from trade.
2-) To understand how market forces of demand and supply determine the equilibrium price and quantity.
3-) To understand the rationale for government intervention.
4-) To understand key macroeconomic concepts such as national income, growth, inflation, and unemployment.