Microsoft Word remote sensing-booklet doc

 
Reference Material: 
1.  Saeed, Amjad Khawaja (latest edition) Economy of Pakistan 
2. Malik, Sohail (latest edition) Economy of Pakistan 
3.  Waseer, Habibullah (latest edition)  
4.  Hussain Ch. M. (latest edition) Economic Theory 
5.  Pakistan Economic Survey (various issues) 
 
 
9: 
Intro to Economics
 
Course Structure: Lectures: 3 / 
Labs: 0 
Credit Hours: 3 
Prerequisites:  
Objectives:  
Course Outline:  
1. Introduction: Basic Economics Concepts, problems of Economic 
Organizations, Markets and Elements of supply and demand. 
2.  Supply, demand and product markets: demand, utility and consumer 
behavior and business organizations. Theory of production and 
marginal products, analysis of costs, competitive markets, monopoly 
and imperfect competition 
3.  Production Function and Distribution: Factors of Production, Pricing 
of factors of production. 
4. Markets and Economic Efficiency, role of Government, Economic 

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HEC — RS&GIS Curricula 2005
 
 
 55  
Systems, Economic Growth and International Trade 
5.  National Economy facts: National income Accounting, Measurement. 
Income and Spending, Money, Monetary and Fiscal Policy, 
International Linkages 
6.  Aggregate Demand, Supply and Growth, Consumption and Saving, 
Inflation, Unemployment, Budget Deficit and International 
Adjustment.