This is an introductory course in economics aiming to help students to start thinking as economists and introduce them to the basic concepts of microeconomics. Initially, the lectures focus on the basic principles of economics. Next, the lectures focus on analysing the mechanism through which the forces of demand and supply determine the prices in the markets and the efficiency of the markets. The course is also interested to examine the efficiency of the markets and the effects of various public policies on the markets and the efficiency of the markets. Finally, the course examines the cost of production and how produces make their decisions under different market structures.
An applied sciences research-orientated university, promoting research excellence and innovation for the benefit of science and society. Recently developed strategic plan gives emphasis on campus life, student experience and sustainable development within the 17 UNSDG’s framework.
CUT is young, public university, established in 2004, first outside the capital city, attracted high-caliber researchers and students.
