Principles of Economics: Introduction

The course’s objective is to introduce the study of economics, and the economic way of thinking about societal problems. It should provide basic understanding of a market economy and the potentials and limitations of economic policies.

Economics is the study of how society manages scares resources to use them in the most efficient way.

The textbook is Economics(Mankiw & Taylor, 2014).


Mankiw, N. G., & Taylor, M. P. (2014). Economics (3rd ed.). Cengage Learning.