Introduction structure of the course
Syllabus
1. Demand, supply and market price 2. The price mechanism and market failure 3. Some application of price theory 4. The basis of demand 5. The laws of returns 6. Perfect competition, imperfect competition, monopoly, price discrimination 7. National income and its measurement. Investments 8. Aggregate demand and aggregate supply 9. Money and the creation of bank deposits, monetary control 10. Inflation, value of money 11. Exchange rate systems 12. Public finance and taxation 13. Exam Textbook Rios, M. C., McConnell, C. R., & Brue, S. L. (2013). Economics: Principles, problems, and policies. McGraw-Hill. Study Guide for Economics, Nineteenth Edition Campbell R. McConnell, Stanley L. Brue, Sean M. Flynn, and William B. Walstad
Students are responsible for chapters 1-7, 9-14, 15-17, 19-20, 26-37