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Microeconomics

505102 - Microeconomics
Faculty

Faculty of Business

Department

Risk Management

Credit Hours

3

Pre-requisite

-

Co-requisite

-

Distribution

0 + 3
This course provides an overview of the economic main principles that determine equilibrium in the market, the determination of output, employment, unemployment, interest rates, and inflation. Monetary and fiscal policies are discussed, as are public debt and international economic issues. By the end of the course, students will be able to understand the concept of economic theory, develop interpersonal skills to solve basic economic problems and use these techniques to think about several policy questions relevant to the operation of the real economy.