Course Description

Course CodeCourse NameCreditsHours
1410056 Industrial Economics 2.0 2
Description This course is designed as an introduction for students' who wish to become acquainted with the practical applications of Economics in industrial firms. An account is given of the ways in which economic factors affect business and administrative decisions, and reference is made to the effects of certain government policies on industry. Course contents:(1)Meaning and purpose of economics (2) Business organization(3)Demand and supply(4)Production and cost(5)Marketing and price mechanism(6)National product and national income(7)Economics fluctuation and business cycle(8)Inflation and unemployment(9)Supply of money and demand for money(10)Monetary policy(11)Fiscal policy(12)International trade and foreign exchange