The learning outcomes of the course are:
Familiarity with the principles of microeconomic and macroeconomic theory at the introductory level.
Students should be able to understand and explain the basic principles of economic theory with simple diagrams.
Solve basic microeconomic and macroeconomic problems using diagrams.
Understand how the firm and the consumer operate within the economy and identify types and forms of behavior and markets.
Understand how an economy works, how output, inflation, unemployment and money in the economy are measured, and the role of government.