Open only to Study Abroad students from New Giza University
What is this module about?
Students will become familiar with basic concepts and techniques used in Economics. A substantial part of the course focuses on optimization, which is at the core of economic analysis. Students will learn to derive the individual demand and supply functions starting from the buyer and the seller optimization processes. Then students will learn how aggregate demand and supply functions can be used to predict the equilibrium price and quantity of competitive and non-competitive markets. They will learn some of the factors that limit competition (for example disparities of information between the buyer and the seller) and their consequences on agents’ welfare. The course builds on the material covered in the first year, but will make extensive use of math and graphical analysis.
Who should do this module?
In this module you will learn concepts and techniques that will be extensively used in more advanced Economics-based modules later on in your studies.
For NGU students only
75% final unseen written exam
25% midterm MCQ test
1 x 2-hour weekly lecture
1 x 1-hour fortnightly tutorial
Suggested reading list
Jeffrey M. Perloff, Microeconomics, 7th edition (earlier or later editions ok).