Managerial Economics

Course Description
This course introduces students to micro and macroeconomics. The course objective, among other things, includes its applicability in the broad business spectrum.  The course also focuses on decision making in line with the general economic conditions. It  exposes  students to the concepts of  utility maximization; demand and supply analysis and their applications; elasticity  of  demand  and  supply;  theories  of  production  and  cost; market structures; theories of macroeconomics; national income accounting and determination; effect of monetary and fiscal policies. The course also introduces students to some growth theories to better explain why economies grow.