Undergraduate level

cbe-accredited

01. Principles of Macroeconomics (ECON125)
This course is an introduction to macroeconomic analysis and its application to Arabian Gulf and Middle Eastern economies. It considers how the size, composition and distribution of national income are determined, and goes on to explore inter alia, the problems of inflation and unemployment.

Course syllabus and presentation handouts
02. Money and Banking (ECON215)
This course examines the nature of money and the banking system, including: monetary policy; the role played by the commercial and central banking systems in the expansion of the money supply. It also covers foreign exchange markets and exchange rate targeting policies, with particular reference to the economies of the Arabian Gulf.

Course syllabus and presentation handouts
03. Energy Economics (ECON237)
This course introduces some of the key concepts and terms of reference within the field of energy economics and it then focuses, in particular, on the hydrocarbon-rich Arabian Gulf states.

Course syllabus and presentation handouts
04. International Economics (ECON338)
This course introduces the concepts of international economics and international business, focusing on two main themes: international trade and globalization. The course covers Ricardo’s comparative advantage theory and the allocation of trade based on specialization and opportunity costs, the Heckscher-Ohlin model of resource abundance and factor intensity as the main source of comparative advantage and direction of international trade in the modern world, the role of different market structures, such as monopoly, oligopoly, and monopolistic competition, in international trade from the business perspective, and the welfare implications of barriers to trade, such as tariffs, quotas, and regulations.

Course syllabus and presentation handouts