2024

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Undergraduate Certificate

Courses Offered in ECONOMICS

The following courses are available for your Undergraduate Certificate. Each course provides you a unique educational experience. Each course is developed by an international staff of highly skilled instructors. The course material is updated to provide students with the latest current information in the subject.

Specialized Course

  • Course Name

  • Courses Description

  • Credit Hours

  • Introduction to Banking

  • This is a course on money, banking and financial markets. By the end of this course, you will understand the basic principles of financial system. The course provides details of banking concepts like: what is money, interest rates, stock market, Federal Reserve System, monetary and fiscal policy, supply/demand of money.

  • 6 Credits

  • Introduction to Engineering Economics

  • This course presents engineering economy in the content context of the entire decision-making framework. It introduces and integrates the concept of cash flows, how companies handle risk, analyze risks and implement and evaluate solutions with respect to the situations.

  • 6 Credits

  • Introduction to Microeconomics

  • The purpose of the course is to give you a thorough understanding of principles of economics that are applied to the functions of individual decision makers, both consumers and producers, within the larger economic system. Provides an in-depth study of demand and supply, market structure, competition, with a global perspective.

  • 6 Credits

Introduction to Banking

Topics Covered in This Course:
  In Section 1 of this course you will cover these topics:
    Why study money, banking, and financial markets?
  In Section 2 of this course you will cover these topics:
    An overview of the financial system
  In Section 3 of this exam you will be evaluated on below listed topics:
    What is money?
  In Section 4 of this course you will cover these topics:
    Understanding interest rates
  In Section 5 of this course you will cover these topics:
    The behavior of interest rates
    The risk and term structure of interest rates
    The stock market, the theory of rational expectations, and the efficient market hypothesis
    An economic analysis of financial structure
    Banking and the management of financial institutions

Introduction to Engineering Economics

Topics Covered in This Course:
  In Section 1 of this course you will cover these topics:
    Engineering economy and the decision-making process
  In Section 2 of this course you will cover these topics:
    Cash flows and the time value of money
  In Section 3 of this exam you will be evaluated on below listed topics:
    Interest formulas
  In Section 4 of this course you will cover these topics:
    Problem or opportunity definition
    Considering risk
  In Section 5 of this course you will cover these topics:
    Deterministic evaluation
    Considering options in time
    Multi-criteria evaluation

Introduction to Microeconomics

Topics Covered in This Course:
  In Section 1 of this course you will cover these topics:
    The scope and method of economics.
    The economic problem: scarcity and choice.
  In Section 2 of this course you will cover these topics:
    Demand, supply, and market equilibrium.
    Demand and supply applications .
    Elasticity
  In Section 3 of this exam you will be evaluated on below listed topics:
    Household behavior and consumer choice
    The production process: the behavior of profit-maximizing firms.
    Short-run costs and output decisions.
  In Section 4 of this course you will cover these topics:
    Long-run costs and output decisions.
    Input demand: the labor and land markets.
    Input demand: the capital market and the investment decision.
  In Section 5 of this course you will cover these topics:
    General equilibrium and the efficiency of perfect competition
    Monopoly and antitrust policy.
    Monopolistic competition and oligopoly.
    Externalities, public goods, imperfect information, and social choice.
    Income distribution and poverty.
    Public finance: the economics of taxation.
    International trade, comparative advantage, and protectionism.
    Globalization.
    Economic growth in developing and transitional economies

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