code EI111
credit_hours 3
title Microeconomics
arbic title الإقتصاد الجزئى
prequisites None
credit hours 3
Description/Outcomes The main aim of this course is to introduce to the students the main and fundamental microeconomics issues such as the economic problem, demand, supply markets and other market forces.
arabic Description/Outcomes
objectives The aim will be achieved by analyzing and understanding the economics starting by the demand and supply till the consumers behavior in terms of utility, producers behavior in terms of cost and markets in terms of revenues
arabic objectives
ref. books
arabic ref. books
textbook Economics By: Michael Parkinrn
arabic textbook
objective set paragraphs
content set combined
Course Content
content serial Description
1 Economic problem and opportunity cost
2 Production possibility curves
3 Absolute and comparative advantage
4 Demand-factors that move and shift
5 Supply-factors that move and shift
6 Demand and supply
7 7th week Exam
8 Price ceiling and price floor and Elasticity
9 Price elasticity of demandrnSupply, income and cross elasticityrn
10 Consumers behavior
11 Graphs on consumers behavior
12 12th Week Exam
13 Introducing the market, Perfect competition and Monopoly
14 Shutdown and continue conditions
15 General Revision.
16 Final Exam