
2 Courses
Modified 14 January 2022
Modified 2 August 2022
Modified 17 January 2023
What an engineer does is to optimize the available scarce resources for finding solutions of the
problems in the economy and society. Engineers use their knowledge of science, mathematics,
logic, economics, and appropriate experience or tacit knowledge to find suitable solutions to a
problem. This course is designed to introduce non-specialist students to some of the central
principles of economics. The idea is that economic principles can be more readily understood if
they are linked to concrete and familiar issues.At the end of the course the students should be able to explain the basic economics notions and should be able to understand economic problems for better development of technology.
What an engineer does is to optimize the available scarce resources for finding solutions of the
problems in the economy and society. Engineers use their knowledge of science, mathematics,
logic, economics, and appropriate experience or tacit knowledge to find suitable solutions to a
problem. This course is designed to introduce non-specialist students to some of the central
principles of economics. The idea is that economic principles can be more readily understood if
they are linked to concrete and familiar issues.At the end of the course the students should be able to explain the basic economics notions and should be able to understand economic problems for better development of technology