Economics

This course is designed to equip candidates with the knowledge, skills, and attitudes necessary to understand the impact and interaction of economic principles in various situations and apply these principles in decision-making processes. Through a comprehensive exploration of economic theories, candidates will develop the ability to analyze economic relationships using mathematical and graphical techniques, make informed decisions, and suggest policy-related recommendations.

Learning Outcomes

Upon successful completion of this course, candidates will be able to:

• Apply Basic Mathematical and Graphical Techniques to Analyze Economic Relationships: Utilize mathematical models and graphical representations to understand and explain economic phenomena.
• Apply Knowledge of Economics in Decision Making: Integrate economic principles into the decision-making process to enhance business strategies and outcomes.
• Analyze Economic Problems and Suggest Possible Policy-Related Recommendations: Critically evaluate economic issues and propose viable policy solutions to address them.
• Apply Knowledge of Economics in International Trade and Finance: Understand the economic dynamics of international trade and finance, and apply this knowledge to global business operations.
• Relate Economics to Income Levels and Development in a Country: Examine the relationship between economic policies, income distribution, and development, and assess their impact on a country’s economic growth and welfare.

This course is ideal for individuals seeking to deepen their understanding of economics and its application in real-world decision-making. It is particularly suitable for business professionals, policy makers, and anyone involved in strategic planning and economic analysis. By the end of this course, candidates will be well-prepared to utilize economic principles to analyze data, solve economic problems, and make informed decisions that drive success in various contexts.