This course offers the students a broad perspective of the major fields and basic concepts in modern Economics using graphs, equations, and marginal measures. Topics for discussion include demand and supply analysis, market equilibrium and relationships among macroeconomic variables. Students learn how to measure the Gross National Product (GNP) and the use of fiscal, monetary, and trade policies as instruments for national development and stability. Other topics include land reform and taxation and how different systems of economic policy affect the general welfare.