The general purpose of the ECO201 ECO202 sequence is to introduce students to the main methods and the results of the economic reasoning. First, the course covers the fundamental models to explain consumer s decision and the behaviours of the consumers at market. During the second half of the course, some special topics in consumer theory beyond the fundamentals are examined. Microeconomics II A continuation of ECO 201. ECO 202 presents the main methods and the models to analyse the production side of the market.
Topics are production technology, producers behaviour, and market structures.
Recent contributions to the microeconomic theory are also covered. The purpose of this course is to introduce Mainstream Economics with its variants. Keynesian and Post-Keynesian school will be considered as well as Marxist approach to macroeconomics. Special emphasis is given to the analysis of labor markets for each school. The topics are covered within a broad perspective of social science including Microeconomics, Economic History, History of Economic Thought, Sociology.