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Principles of Economics
OVERVIEW
CEA CAPA Partner Institution: Universidad Carlos III de Madrid
Location: Madrid, Spain
Primary Subject Area: Economics
Instruction in: English
Course Code: 13151
Transcript Source: Partner Institution
Course Details: Level 200
Recommended Semester Credits: 3
Contact Hours: 42
Prerequisites: Percentages, rule of three and basic simplifications of quotients (also sums, subtractions, multiplications and quotients).
Solution of linear equations with one unknown.
Solution of two linear equations with two unknowns (by substitution).
Plot of linear equations in 2D graphs.
Relationship with solutions to two linear equations with two unknowns.
Graphic interpretation of the slope of a line.
Computing elementary areas (triangles and rectangles).
DESCRIPTION
The syllabus of Principles of Economics aims to introduce the students to the fundamentals of economic analysis, distinguishing between microeconomics and macroeconomics.
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