Economics is the social science that studies the choices that individuals, businesses, governments, and entire societies make as they cope with scarcity and the incentives that influence and reconcile those choices.

The instructor will utilize lectures, discussions, readings and assignments to help students develop an understanding of the principles of economics and the applications to the issues around the world. Topics covered in this semester include: 1. What is economics? 2. How markets work? 3. Households’ choices 4. Theory of firms and industrial organization 5. Government actions in markets

Essential Foundations of Economics, Robin Bade and Michael Parkin, 2015 (ISBN: 9781292075495)
Economics, 14th edition, Michael Parkin (ISBN: 9781292433738)