EC304 Principles Of Economics Notes | Assignment Help | Syllabus
Country: United Kingdom
University: University Of Kent
The module gives students a comprehensive knowledge of economics at an introductory level, and it serves as the foundation for all future study in economics degree programs. It teaches students how to think like an economist and how to build and utilize economic models. It also teaches students how to evaluate economic models critically and how to utilize empirical data in economic analysis.
The module investigates how individuals decide what and how they create and consume. It examines how variations in economic results across companies, individuals, and nations may be linked to the consequences of decisions made by them and others. It is based on the basic but reasonable premise that individuals make choices based on their own interests and limitations.
The first term introduces microeconomic concepts and demonstrates how they may be applied to real-world circumstances and economic policy. The second term establishes a framework for analyzing macroeconomic events and policy. Throughout both terms, the focus is on demonstrating the use of economics as an analytical tool for thinking about real-world issues.
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