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Introduction to Economics

Introduction

This course provides an overview of economics and its application to explain real life issues. It covers topics like efficiency, demand and supply, production and cost, national income, inflation and unemployment and government policies that are relevant to day to day life.

Objectives

Students who successfully complete this course will be able to:

· Perform a cost and benefit analysis on real life issues

· Make rational economic decisions in view of resource constraints

· Understand how an economy works and appreciates the economic issues concerning individuals

· Analyse the impact of government policies on the welfare of individuals

Units Covered

Unit 1 : Fundamental of Microeconomics
Unit 2 : Production and Cost
Unit 3 : Fundamental of Macroeconomics
Unit 4 : Fiscal and Monetary Policies

Assessment

Students are required to complete and submit 4 topic assignments and a final project via online. Upon completing the assignments and project, please send via email to your trainer for grading and comments.

Course Materials

No supplementray material

Fees

$220 (Includes GST)

Duration

3 months access

Lecturer

Dr Khay Boon Tan

Lecturer Profile

Dr Khay Boon Tan

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