Principles of Microeconomics is an introductory course in microeconomics. Some of the issues covered include the foundations of economics, core concepts of microeconomics, Demand and Supply forces, the structure of product market, and production costs, and markets of resources.
This is a course in international monetary economics, which includes the connection between the exchange rates and international macroeconomic policies. The subject of international finance draws its importance from the consequences of worldwide economic policies on a country economy's main outcomes (Employment, National Saving, Trade Balance and Price levels and Money). The course divided into three parts: The first part of the course will present several theories of exchange rate, and the second part will help you gather these theories into an overall analytical framework. The third part will challenge you to employ this analytical framework to real-world applications, and try to link the global financial crisis and the climate change issue. Provide students an up-to-date and understandable analytical framework for revealing current events. Help them grasp and retain the underlying logic of international finance through six to seven sections; first section we will talk about the national income accounts an d balance of payments, second section will be about the asset approach of exchange market and foreign exchange market, third section is about money market and inflation and exchange rate dynamics. In the fourth section the student will try to explore the causes of the fluctuations in exchange rate in long and short runs periods. The fixed exchange rates system will be introduced in section five. And finally in sixth section we will discuss the international macroeconomic policy and try to connect the causes of financial crisis with the most contemporary issue the climate change and their interaction.
Economic theory is the fundamental determinant of firms’ profitability and growth, and economic thinking should be an essential element in nearly every managerial decision. In this course, we will examine the principles of microeconomics, and show how they apply to managerial decision-making.
Theory of Macroeconomics is an intermediate course in macroeconomics. Some of the issues covered include the determinants of output, interest rates, money, the government budget, aggregate demand, aggregate supply and stabilization policy, inflation and unemployment, the role of monetary and fiscal policy, sources of instability in the economy, and economic growth.
This course is an introduction to the concepts and tools of Macroeconomic analysis. It provides the student with an understanding of the operation and function of the economic system from a macro perspective. Topics of study include theories of income determination including national income concepts, business cycles, unemployment, inflation, aggregate demand, aggregate supply, monetary and fiscal policy, and public debt.
Theory of Microeconomics is an intermediate course in microeconomics. Some of the issues covered include market basics, consumer behavior, production and cost, market structures, input demand, and welfare analysis.
International Trade Theories and Policies presents international trade theory at the Ph.D. level. This course is divided into three different parts designed to cover a wide range of theoretical as well as empirical areas. The first part covers Trade theories providing various explanations why countries trade with each other. The second part covers trade policy and involves welfare analysis of different types of protectionist measures. The third part covers some of the most recent research topics in International Trad.
This course aims to acquaint students with the nature of economic models, mathematics, mathematical analysis tools necessary to analyze behavioral equilibrium by linear models, matrices, determinants, and the equilibrium by comparative behavioral derivatives. The course also aims to acquaint students with issues of optimization, sequences, differentiation and integration. The course also includes concepts and ways of calculating simple and compound interests.
This course is primarily concerned with contemporary economic issues at the domestic, regional and international levels. Specific topics are chosen from current and recent policy debates. Specifically, it will emphasize current economic subjects such as poverty and welfare, economic growth and development, inflation, energy prices, climate changes and environmental pollution. Class participants will be encouraged to use economic theory to evaluate present events. Students will learn to read and construct basic theories and diagrams that explain and illustrate economic phenomena. Presentations and illustrations will be given for understanding the economic situations which directly affect our lives.
This is a course in introductory econometrics, designed to provide students with the theoretical tools and practical experience necessary to do applied econometric research. The main topics covered include the linear simple and multiple regression models, estimation and testing under (mostly) ideal conditions, extensions of the basic linear regression model, dummy variables, and problems that arise when analyzing regression models.
This course examines the policy interventions that governments adopt towards international trade. It provides the basis for understanding and analyzing instruments of trade such as tariffs and non-tariff barriers to trade. The course provides the forces motivating trade policy (the political economy of trade policy) and discusses trade policy issues facing developing and advanced countries. The course also covers the global framework of trade agreements; the multilateral trading system and institutions such as the world Trade organization and the latest trade negotiations and their implications for the future of the global trading system.
It starts with standard classical multiple regression models: estimation and hypotheses testing. Then it departs to cover major econometric problems including heteroskedacticity, serial correlation, and errors in variables. Advanced topics include nonlinear regression, limited dependent variable models and an introduction to time series integration and cointegration.
This course examines consumer behavior and production. In the theory of the consumer the course tackles the derivation of demand functions by considering a model of utility maximizing behavior coupled with a description of underlying economic constraints. In the theory of production, the course deals with the theory of the competitive firm, the supply and demand functions compatible with a model of profit maximizing behavior and a specification of the underlying economic constraints.