Transcript Why study Economics?

CONSUMER
BEHAVIOUR
LABOUR
ECONOMICS
INDUSTRIAL
ECONOMICS
MICROECONOMICS
This course is designed for the students of economics to clarify and
strengthen their understanding of the basic economics concepts and
issues using English language.
The course aims to familiarize students with the main economics
concepts that they have learned before, but in terms of English language.
It focuses mainly on the principles of micro and macroeconomics. It
also covers a wide range of topics that is equivalent to an intermediate
level of study.
It concerns with broaden the students reading habit and equip them
with the necessary skills and ability to critically analysis and understand
issues that influence their economic life.
Week
1
2
3
4
5
Studying Area
Introduction to Economics
Subject
-Why study Economics?
- The economic problem
-Economic as a discipline
Microeconomics: Selected
-Introduction
microeconomics topics:
-Demand and Supply
1-Price theory (The mechanics of a - Elasticity.
market)
Consumer behavior (Demand)
-Producer behavior (Supply)
-Market equilibrium
2-Firm Theory (Input and
-Production function
production)
- Economic costs
-Economic profits
-Equilibrium and the efficiency of perfect
competition
-Monopoly, Monopolistic Competition
and Oligopoly.
Week
6
7
Studying Area
Macroeconomics: : Selected
macroeconomics topics:
1-Principles of macroeconomics
2- Equilibrium aggregate output
(income)
8
3- The macroeconomics theory
9
4-Macroeconomic problems
10-11 Free readings in Microeconomics
(Projects)
Subject
-General introduction
-The circular flow of income
-National income and GDP
-Consumption
-Investment
-The role of government
-International sector
-The classic theory
- The general theory of employment,
interest and money (Keynes)
-Unemployment
-Inflation
-Monetary and fiscal policy
-Topics such as:
Profit maximization, the demand of
resources, income inequality and
poverty, consumer's utility and labour
market issues.
Week
12-13
Studying Area
Subject
Free readings in Macroeconomics Selected topics ans issues such as:
(Projects)
Financial crises, money and inflation,
unemployment, woman labour in Saudi
Arabia, and globalization.
Activities
Project
Assignments
Midterm Exam
Final Exam
10%
15%
15%
20%
40%
•ECONOMICS - “science of scarcity”
•ECONOMICS IS…
The study of the choices people make in
an effort to satisfy their unlimited needs
and wants from limited resources.
IT IS:
Why am I studying
Economics?
FOR OUR NEXT MEETING
PLEASE BE READY..
REVIEW THE FIRST LECTURES OF MICROECONOMICS
(IN ARABIC) FROM ANY TEXT BOOK OF YOUR CHOICE