Module Title : Economics
Module Code : BBA350, CM350

Course Objective
In this course, you will learn the principles of economics. We will cover the basics of microeconomics (such as supply and demand analysis and theory of the firm) and the basics of macroeconomics (such as aggregate supply/aggregate demand analysis, monetary and fiscal policy, and international trade).

Course Description
Topics discussed include Introduction, Opportunity Cost and Production, Possibilities Curves, Supply and Demand, Elasticity, Externalities and Problems with Market Systems, Business Firm, Production and Cost, Perfect Competition, Monopoly, Profit Maximization, Macroeconomics Issues, Keynesian Analysis, Money and Interest Rates.

Course Requirement
There will be 8 multiple-choice exams. The objective is not to test your memorization skills but your ability to readily assimilate principles of economics and then apply the data and concepts to everyday problems and situations. There will be 8 multiple-choice exams. The objective is not to test your memorization skills but your ability to readily assimilate principles of economics and then apply the data and concepts to everyday problems and situations.

Grading Procedure
Multiple-choice exams are valued at 70% of final grade; assignment is 30% of final grade.