General description
Inputs:
To focus on a variety of economic concepts and defining the concept and scope of economy, the economic problem and distribution of economical resources on various utilities. To study the approach of economic science, rules, schools and systems. In addition to the development of the economic theory through the study of commodities and money, and the money and value law and its role in national economy and wages. To study the law of competition and its types in economical systems. Study should be made into the modern international economic system, economic blocks, international funding foundations, World Trade Organization and multinational companies.
Outputs:
To have law students get deeper knowledge about the principles of economics scientifically and practically through the study of practical aspects of economic activities especially the relevant rights when founding and practicing economic activities and their role in national economy.
The evidence of full grasp of the subject could be in the form of seminars, viva voce and written exams. Seminars should be part of the module content and should fortify its practical aspect. They should strengthen the research and practical experience of the student. They should address practical issues in economy and they should improve the practical knowledge about economy and spread of the economic culture.
Topics:
• Introduction to economics
• Capitalist economic systems
• Competition capitalism - monopoly capitalism
• The modern international economic system
• International economical blocks