السداسي الأول

Introduction to Economics is a semester course for first year undergraduate students. The goal of this course is to introduce students to the fundamentals of economic analysis and reasoning, which will help them to understand and approach more specialized/applied courses, projects or tasks related to economics. To put it briefly, economics is the study of how society uses its scarce resources. Therefore, its aim is to provide insight into the processes governing the production, distribution and consumption of goods and services in a market economy. One of the key features of economics as opposed to other social sciences is that the principles of economic analysis are (i) simple and (ii) relatively well defined, so they can be used to analyze human behaviour in many different areas of life. Economics is, therefore, much more of a “way of thinking”. 

Learning Objectives

• To introduce students to the main analytical tools which are used in economic analysis.
• To introduce students to the main conclusions derived from economic analysis, and develop their understanding of their organizational and policy implications.
• To enable students to understand and participate in debates on economic matters, choosing proper frameworks of economic analysis for specific cases