The course will introduce students to the study of the standard economic models used to examine how individuals and firms make decisions in perfectly competitive markets, and how these decisions affect supply and demand in output markets. The course will analyze both, macroeconomic and microeconomic concepts as well as explore government regulation, monetary and fiscal policies.
Students will be able to understand arrangements that are used to create, protect and allocate scarce resources that have alternative uses. The course highlights the study of the behaviour of individuals, organizations and governments manage resources.
The expansive field of economics helps students graduate with a broad set of transferable skills that helps them take broader approach in seeking careers. While being a professional economist might be the number one choice for those most passionate about the subject, other career paths include roles in consultancy, auditing, business intelligence, economic planning, insurance, international development, management, market research, statistics, human resource management, journalism, among others