2. ECONOMICS MACROECONOMICS LABOUR ECONOMICS INDUSTRIAL ECONOMICS MICROECONOMICS INTERNATIONAL TRADE CONSUMER BEHAVIOUR

3. This course is designed for the students of economics to clarify and strengthen their understanding of the basic economics concepts and issues using English language. The course aims to familiarize students with the main economics concepts that they have learned before, but in terms of English language. It focuses mainly on the principles of micro and macroeconomics. It also covers a wide range of topics that is equivalent to an intermediate level of study. It concerns with broaden the students reading habit and equip them with the necessary skills and ability to critically analysis and understand issues that influence their economic life.

4. WeekStudying AreaSubject 1Introduction to Economics-Why study Economics? - The economic problem -Economic as a discipline 2Microeconomics: Selected microeconomics topics: 1-Price theory (The mechanics of a market) -Introduction -Demand and Supply - Elasticity. 3Consumer behavior (Demand) -Producer behavior (Supply) -Market equilibrium 42-Firm Theory (Input and production) -Production function - Economic costs -Economic profits 5-Equilibrium and the efficiency of perfect competition -Monopoly, Monopolistic Competition and Oligopoly.

5. WeekStudying AreaSubject 6Macroeconomics: : Selected macroeconomics topics: 1-Principles of macroeconomics -General introduction -The circular flow of income -National income and GDP 72- Equilibrium aggregate output (income) -Consumption -Investment -The role of government -International sector 83- The macroeconomics theory-The classic theory - The general theory of employment, interest and money (Keynes) 94-Macroeconomic problems-Unemployment -Inflation -Monetary and fiscal policy 10-11Free readings in Microeconomics (Projects) -Topics such as: Profit maximization, the demand of resources, income inequality and poverty, consumer's utility and labour market issues.

6. WeekStudying AreaSubject 12-13 Free readings in Macroeconomics (Projects) Selected topics ans issues such as: Financial crises, money and inflation, unemployment, woman labour in Saudi Arabia, and globalization. Activities 10% Project 15% Assignments 15% Midterm Exam 20% Final Exam 40%

7. ECONOMICS - “science of scarcity”ECONOMICS - “science of scarcity”

8. ECONOMICS IS…ECONOMICS IS… choices The study of the choices people make in unlimited needs an effort to satisfy their unlimited needs and wantslimited resources and wants from limited resources. IT IS:

9. Why am I studying Economics?

10. FOR OUR NEXT MEETING PLEASE BE READY.. REVIEW THE FIRST LECTURES OF MICROECONOMICS (IN ARABIC) FROM ANY TEXT BOOK OF YOUR CHOICE