Economics

Course ID:
ECON 602

Program:
M.Sc. and Professional Diploma in Banking and Finance (MBF)

Level:
Post graduate

Semester:

Credit:
2 Cr. Hrs.

Description

This is a foundation course that covers basic economic concepts in Macro and Micro. In Macro the course focuses on macroeconomic variables, theories, policies and discussions related to the functioning of a given economy, covering issues such as unemployment, inflation, investment and interest rates from an aggregate point of view. In Micro, the course focuses on key concepts and techniques of microeconomics including the basic economic principles of the firm and their relevance to business decisions. It covers topics that include supply and demand elasticity, market structure and resource allocation.