Course Image Economics

Economics

The course provides an introduction to a core area of economics. This course is designed to extend students knowledge of the basic microeconomics principles that will provide the foundation for their future work in economics and give them insight into how economic models can help us think about important real world phenomena and the macroeconomic study, as an academic transfer course, will allow the student to examine the impact of individual and collective economic activity on the modern-day economy. Emphasis will be placed on basic macroeconomic principles which provide the foundation for the life-long process of making economic decisions which enhance the quality of life for an economic society.

 

Course Image Engineering Economics

Engineering Economics

The course provides an introduction to a core area of economics. This course is designed to extend students knowledge of the basic microeconomics principles that will provide the foundation for their future work in economics and give them insight into how economic models can help us think about important real world phenomena and the macroeconomic study, as an academic transfer course, will allow the student to examine the impact of individual and collective economic activity on the modern-day economy. Emphasis will be placed on basic macroeconomic principles which provide the foundation for the life-long process of making economic decisions which enhance the quality of life for an economic society

Course Image Economics

Economics

The course provides an introduction to a core area of economics. This course is designed to extend students knowledge of the basic microeconomics principles that will provide the foundation for their future work in economics and give them insight into how economic models can help us think about important real world phenomena and the macroeconomic study, as an academic transfer course, will allow the student to examine the impact of individual and collective economic activity on the modern-day economy. Emphasis will be placed on basic macroeconomic principles which provide the foundation for the life-long process of making economic decisions which enhance the quality of life for an economic society.

 

Course Image Micro Economics

Micro Economics

The course provides an introduction to a core area of economics known as microeconomics. This course is designed to extend students’ knowledge of the basic microeconomic principles that will provide the foundation for their future work in economics and give them insight into how economic models can help us think about important real world phenomena.

Course objectives:

It considers the operation of a market economy and the problem of how best to allocate society's scarce resources. The course considers the way in which various decision making units in the economy (individuals and firms) make their consumption and production decisions and how these decisions are coordinated. It considers the laws of supply and demand, and introduces the theory of the firm, and its components, production and cost theories and models of market structure. The various causes of market failure are assessed, and consideration is given to public policies designed to correct this market failure.


Course Image Engineering Economics

Engineering Economics

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