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LO-1
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Will be able to distinguish the economic system and its types and the operation process and differences of economic systems in different structures. |
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LO-2
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Will be able to explain the concepts of Gross Domestic Product (GDP) and Gross National Product (GNP) and their basic features. |
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LO-3
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Define inflation and its types |
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LO-4
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Learn the definition and functions of money. |
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LO-5
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Will be able to explain the foreign exchange market and its features |
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LO-6
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Explain the cyclical waves |
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LO-7
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Explain and interpret the concept of public finance |