Economics

ITT – Economics is one of the majors with the highest number of students enrolling. As a social subject requiring the integration and update of the news, Economics in English is widely applied nowadays.

Economics programs consisting of knowledge from the basic to the advanced levels are divided into two main sections:

• Micro-Economics: Demand, Supply and Equilibrium. Measurement of elasticity, Consumer demand theory, Theory of production, Cost of production, Competition, Monopoly, Market structure, labor market, etc.
• Macro-Economics: Output and income, Unemployment, Inflation and deflation, Aggregate demand – Aggregate supply, IS-LM, Growth model, Monetary policies and fiscal policies, Quantity theory of money.

Learning Economics in English is challenging, because:

• It is required to comprehend reading materials and write analytical essays in English. The limitation in using English and economics terms will cause great obstacles right from the first lessons.
• Factors in the economy are always interplaying but sometimes student forgets the relationship between the factors leading to incomplete analyses
• The subject is closely related to the context and economic situation of countries. However, reading economic news is not a habit of many students.

Therefore, students should have an appropriate method to study Economics in English:

• Enriching the specialized terms in Economics in English in order to quickly read and understand lessons.
• Reading books and news about the world economy, international finance or events on the domestic and foreign markets on English-language news and channels will be very helpful.
• In terms of theories, understanding basic concepts such as supply, demand and market equilibrium, commodity markets, currency markets, or other factors that affect the economy is essential.
• In terms of exercises, doing a variety of graphical exercises and reading a lot of materials will provide students with practical examples to enrich their writing essay.

Now, Intertu Education is enrolling potential students for Economics courses in English and International Economics programs. For inquiries and registration, please contact us directly or via email or hotline.