Elementary macroeconomics. Determination of National Income. Measuring Cost of living. The role of government. The Banking system. Problems of inflation, Unemployment and growth. The course aims at introducing students to the basic principles and analytical frameworks of macroeconomics. Emphasis will be on developing analytical skills, through focusing on the economic way of thinking, for understanding contemporary macroeconomic issues.

This course introduces students to the key concepts and topics of microeconomics such as demand and supply, elasticity, utility, preferences, production, costs, perfect competition, monopoly, monopolistic competition, oligopoly and factor markets. The main aim of this course is to introduce main topics in microeconomics and prepare students for intermediate and advance micro economic courses both in undergraduate and post-graduate. 

The course deals with the application of economic theory and quantitative methods to managerial decision-making problems. Topics include demand and supply analysis, production, cost analysis, forecasting, pricing, market structures, break-even analysis and capital budgeting.