The instructor will utilize lectures, discussions, readings and assignments to help students develop an understanding of the principles of economics and the applications to the issues around the world. Topics covered in this semester include:
1. What is economics?
2. How markets work?
3. Households’ choices
4. Firms and markets
5. Market failure and government
6. Economics of the environment

The instructor will utilize lessons, discussions, readings and assignments to help students develop an understanding of the principles of economics and the applications to the issues around the world. Topics covered in this semister include:
1. What is economics?
2. How markets work?
3. Households’ choices
4. Firms and markets
5. Market failure and government
6. Economics of the environment

Economics is the social science that studies the choices that individuals, businesses, governments, and entire societies make as they cope with scarcity and the incentives that influence and reconcile those choices.

Economics is the social science that studies the choices that individuals, businesses, governments, and entire society make as they cope with scarcity and the essentials that influence and reconcile those choices.

Economics, 13th edition, Michael Parkin (ISBN: 9781292255460)

Economics, 13th edition, Michael Parkin (ISBN: 9781292255460)