This course will introduce students to the principles of microeconomics and macroeconomics. It is aimed at equipping students with economic knowledge relevant in helping them contribute to economic discussions and make better business decisions. The course will also enable students understand the connection between microeconomics and macroeconomics, and their practical relationships. We will develop economic tools that are necessary for strategic decision making in the business environment.

The aim of the course is to introduce students to the fundamental principles, ideas, theories and tools of microeconomic and macroeconomic theories. At the end of the course students should have achieved some understanding of and gained competence in using economic ideas, tools and procedures.