Economics

Course summary

Economics looks at how decisions about the allocation of resources are made at all levels of society, from the individual to the international level. Microeconomics examines the decisions and behaviour of individuals, consumers and firms (companies). Macroeconomics focuses at the level of whole countries or the international economy.In this course, you will examine questions such as: how are wages determined? Why are some countries richer than others? What are recessions and what should we do about them?