MGT 503 Introduction to Economics
This course is an introductory class in micro- and macroeconomics that introduce students to the following concepts: demand and supply, markets, household behavior and consumer choices, GDP, inflation, unemployment, fiscal and monetary policies. Since the course does not require any previous knowledge in economics, its approach is mostly based on reading, discussing and understanding these basic concepts from press releases of companies, commercial/central banks, newspaper articles etc. By the end of the course, students should have acquired the basic concepts of economics, developed a critical thinking towards the most current (and recurrent) economic phenomena and become able to describe in their own words an economic trend/situation as they will be required to do in almost any future occupation.