| |
 |
 |
 |
|
|
ECONOMICS
|
ECON 101 |
Principles of Economics I
(MICRO) |
(3-0-3) |
|
The definition of the economic problems
and market systems. Demand
and consumer behavior, supply, production and costs. Price
determination and equilibrium of the firm under different market structures.
Pricing factors of production. public
goods and externalities. |
|
ECON 202 |
Principles of Economics II
(MACROECONOMICS) |
(3-0-3) |
|
An introduction to macroeconomic
analysis. National income
accounting and determination. Business cycles,
inflation and unemployment, fiscal policy, money, banking, and monetary policy,
economic growth and development, international trade and finance. |
|
Prerequisite: |
ECON
101 |
|
|
ECON
301 |
Intermediate Microeconomic Theory |
(3-0-3) |
|
A survey of methods of decision-making
at the microeconomic level. It covers
consumer theory, production theory, business firms, cost
and optimal production decisions under different market structures. In general,
this course provides a review of price theory and resource allocation in a
market economy in much more detailed analysis than does ECON 101. |
|
Prerequisite: |
ECON
202 |
|
|
ECON
305 |
Money and Banking |
(3-0-3) |
|
This course extends the introduction provided in ECON 202. The roles
played by money are amplified. The history of money is outlined. The demand and
supply are developed. Special emphasis is placed on the role of money in the
macroeconomy. This involves a development of the theory of income determination
and of the mechanism by which money affects the equilibrium income level.
|
|
Prerequisite: |
ECON
202 |
|
|
ECON
306 |
Economy of
Saudi Arabia |
(3-0-3) |
|
This course provides a comprehensive study of the Saudi Arabia economy. Special emphasis is placed on the national income accounting,
aggregate demand and its components, the economic structural changes, national
economic problems and issues. It analyzes the demographic structure and
manpower. It provides a detailed analysis of the major topics and sectors: oil,
agriculture, manufacturing, international trade, public finance, price level
and fiscal policy, money, banking and monetary policy, and economic planning.
|
|
Prerequisite: |
ECON
202 |
|
| |
| |
|
ECON
401 |
Managerial Economics |
(3-0-3) |
|
Application of economic theory and
methodology to decision process of the firm. Topics include demand theory and estimation, production theory, cost
analysis, optimization, market structure, pricing practices, marginal analysis,
and business investment decisions.
|
|
Prerequisite: |
ECON 202,
OM 202 |
|
|
ECON
403 |
Engineering Economics |
(3-0-3) |
|
Application of fundamental concepts and
techniques of economic analysis to project evaluation in engineering practice. Emphasis on interest and money relationships, methods for
decision-making among alternatives, depreciation, break-even
analysis, minimum cost formula, and capital budgeting.
|
| |
Not open to
all College of
Industrial
Management majors |
|
|
ECON
410 |
International Economics |
(3-0-3) |
|
The classical and modern theories of international trade and finance,
balance of payments, exchange rates, terms of trade, tariffs and other trade
barriers, international economics organizations, the new world economic order,
economic integration and application to current problems.
|
|
Prerequisite: |
ECON 202 |
|
|
ECON 415 |
Public Finance |
(3-0-3) |
|
This course is designed to help students develop an understanding of the
economic principles useful in analysis of tax and expenditure policies. The
emphasis is theoretical, but is also supported with factual and institutional
material about the Saudi economy. The course covers the different types of
market failures, principles of expenditure analysis, government programs such
as social security and income transfer programs, tax incidence, and the magnitude
and importance of the welfare cost of taxation.
|
|
Prerequisite: |
ECON 202 |
|
|
|
|
