This course emphasizes the conceptual tools to analyze the economic problems facing modern society and the models used for policy-making decisions. Taking this course will allow you to become knowledgeable of and able to critically think about microeconomics and macroeconomics. Furthermore, you will also be able to demonstrate the difference between major macroeconomic and microeconomic issues. There are two parts of the course: microeconomics and macroeconomics. The first part, microeconomics, is about the consumers' and individual firms' decisions, how they determine the market price, how they interact looks at the economy as a whole. The second part, whereas, looks at the economy as a whole. Understanding the main concepts such as unemployment, recessions, inflation, monetary policy, fiscal policy, budget deficits and surpluses, will be the main goal of this part.