Courses
- Introduction To Economics (40007) תקציר הקורס:
- Macroeconomics (40260) תקציר הקורס:
Abstract:
Determination and description of production possibility frontier. The impact of economic growth and technological improvements on the production possibility frontier. The impact of international trade on consumption options and comparison to self-production possibilities.Principles for allocation of means of production in order to produce maximum output. The way that the prices of means of production are determined, such as the way that the wage of workers is determined. Principles for achieving maximum profit. Determination of market prices and quantities of products in conditions of competition. Impact of international trade on the markets. Impact of government intervention in the markets through taxes, tariffs and subsidies.Abstract:
National accounting concepts, the way the currency market works, factors affecting private consumption, the determinations of the interest rate, reasons for unemployment, reasons for inflation,
and the possible ways of government policy on these issues.