Principles of Economics

Course ID
HS 1050
Credits
10
Year
1
Semester
2

This course will provide an introduction to the subject matter of economics which is highly relevant to understanding the functioning of the economy and the world around us. The course will consider basic economic principles that govern consumer and producers behaviour. It will examine how markets work and how supply and demand interact to determine prices, characteristic and types of market, market failure and role of government in the economy, macroeconomic issues and measurement, inflation and unemployment, money banking and international trade and macro policies.

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