Course Overview

The course covers the main concepts in economics, for example, scarcity, opportunity cost, and resource allocation. Students study the role of markets in terms of demand, supply, elasticity, and market equilibrium. It studies different kinds of economies and the government’s role in handling them. The main topics in macroeconomics are inflation, unemployment, and economic growth. The course also looks at international trade, exchange rates, and globalization. Learning is centered on critical thinking, reading data, and using it in real life. After finishing the course, students can understand and assess economic issues worldwide.