Principles of Economics – Alper Yılmaz

This course examines the basic concepts in economics. In the first part, which covers microeconomics, we will study how firms decide on production and households decide on consumption of goods and services, and how market works. The second part covers macroeconomics, which is the study of the economy as a whole. Topics include national income, inflation, unemployment, economic growth, fiscal and monetary policy and the macroeconomics of the open economy.