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Arab Academy for Science Technology & Maritime Transport

Business Economics
Instructor: Dr. Doaa M. Salman Contact Information:Email: doaaslman@yahoo.com
Course Description: The main aim of this course is to familiarize the students with the economic and business problems. Course includes demand analysis, determination of cost, pricing and profitability. The course will require an empirical term paper of approximately 15 pages, which can be written in groups of one, two or three people (two or three is preferable). Course Objectives:

The objectives of this course are three:

1. Introduce the student to the fundamentals of micro and macro economic theory and practice as they are applied to business in a managerial context. 2. Provide the student with the basic analytical skills, insights and managerial decisionmaking tools required for sound business decisions. 3. Explain the forces that shape the external environment of the firm such as aggregate demand, economic cycles, inflation, interest rates, exchange rates, and the role that demand management policies play in the economy and their impact Resource Material: Mankiw, Gregory. Principles of Macroeconomics, 4th Edition. (Mason, Ohio: Thomson/South-Western Publishers 2007) Course Requirements and Grading: Midterm: 30% Quiz: 10% Paper: 20% Final exam: 40%

Business Economics
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Dr. Doaa Salman

Arab Academy for Science Technology & Maritime Transport

Weekly Sessions:
Week 1: Introduction chapter one and two Week 2: Market analysis chapter four Week 3 & 4: Elasticity and market chapter five Week 5: Review- Midterm exam Week 6: Cost of production chapter 13 Week 7: Competitive and monopoly - chapter 15 Week 8: Markets types chapter 16 Week 9: Paper presentation ( or week 5 ) PRESENTING PAPERS TOPICS Note
All topics to be base on analysis and enriched with real life case . A group of three will be responsible to document one topic in the form of an analytical research as well as prepare a brief presentation on the same issue.

Business Economics
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Dr. Doaa Salman

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