This course introduces the fundamentals of microeconomics and macroeconomics to business/other students who desire a primer on the working of an economy in a mutually dependent world. It includes the microeconomic interaction of businesses and consumers in markets and the determination of prices and quantities under conditions of competition and monopoly. Economic interdependencies in the global economy are analyzed to obtain the effects of economic changes on the country itself and on the world. The macroeconomics of aggregate consumption, saving, investment, and national income are also examined, as well as the role played by money, banking, and business cycles in the domestic and world economy. This course is only for CSOM undergraduate students.
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