Those principles are economic theories that are used to understand and solve economic problems. The secondary objective of the course is to understand economics as a social science.
Economists have their own approach to problems that differs from that of the other social sciences.
Microeconomics, 12th Edition, Addison, Wesely, Longman. Real World Micro, 8th Edition, Dollars and Sense. How it works and for whom. The tests will be mainly short answer and graphing questions. There will be some multiple choice questions.