Courses @ UNIRAZAK

Basic Economics

Credit

4

Level of Study

Foundation

Synopsis

This course is aimed to impart knowledge to students on basic concepts and principles of economics as well as to discuss current economic issues that are relevant to this programme. This course also covers topics in microeconomics and macroeconomics such as basic economic problems, economic systems, demand and supply, production and cost, market structures, economic growth, national income, inflation, unemployment and international trade.

Learning Outcomes

  • Explain basic concepts and theories on economics;
  • Apply principles and theories learned when reasoning real world economic issues; and
  • Demonstrate good communication skills and teamwork in discussing current economic issues.
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