CONSUMER BEHAVIOUR LABOUR ECONOMICS INDUSTRIAL ECONOMICS MICROECONOMICS This course is designed for the students of economics to clarify and strengthen their understanding of the basic economics concepts and issues using English language. The course aims to familiarize students with the main economics concepts that they have learned before, but in terms of English language. It focuses mainly on the principles of micro and macroeconomics. It also covers a wide range of topics that is equivalent to an intermediate level of study. It concerns with broaden the students reading habit and equip them with the necessary skills and ability to critically analysis and understand issues that influence their economic life. Week 1 2 3 4 5 Studying Area Introduction to Economics Subject -Why study Economics? - The economic problem -Economic as a discipline Microeconomics: Selected -Introduction microeconomics topics: -Demand and Supply 1-Price theory (The mechanics of a - Elasticity. market) Consumer behavior (Demand) -Producer behavior (Supply) -Market equilibrium 2-Firm Theory (Input and -Production function production) - Economic costs -Economic profits -Equilibrium and the efficiency of perfect competition -Monopoly, Monopolistic Competition and Oligopoly. Week 6 7 Studying Area Macroeconomics: : Selected macroeconomics topics: 1-Principles of macroeconomics 2- Equilibrium aggregate output (income) 8 3- The macroeconomics theory 9 4-Macroeconomic problems 10-11 Free readings in Microeconomics (Projects) Subject -General introduction -The circular flow of income -National income and GDP -Consumption -Investment -The role of government -International sector -The classic theory - The general theory of employment, interest and money (Keynes) -Unemployment -Inflation -Monetary and fiscal policy -Topics such as: Profit maximization, the demand of resources, income inequality and poverty, consumer's utility and labour market issues. Week 12-13 Studying Area Subject Free readings in Macroeconomics Selected topics ans issues such as: (Projects) Financial crises, money and inflation, unemployment, woman labour in Saudi Arabia, and globalization. Activities Project Assignments Midterm Exam Final Exam 10% 15% 15% 20% 40% •ECONOMICS - “science of scarcity” •ECONOMICS IS… The study of the choices people make in an effort to satisfy their unlimited needs and wants from limited resources. IT IS: Why am I studying Economics? FOR OUR NEXT MEETING PLEASE BE READY.. REVIEW THE FIRST LECTURES OF MICROECONOMICS (IN ARABIC) FROM ANY TEXT BOOK OF YOUR CHOICE