General description
The "Introduction to Economics" course aims to introduce the student to the basic concepts of economics and its various components and applications, in order to have a general knowledge of this science. It specifically enables the student to develop a basic understanding of the principles of economics, which will allow and encourage them to discuss the economic issues at hand, including:
- consumers behavior
- concepts of value
- Benefit concepts.
- How to use the elasticity of demand and supply.
- Market mechanism.
- Getting to know the costs of production in the short and long terms.
- Production elements.
- How to solve the economic problem.