This course explores the foundational principles of modern economics as presented in Adam Smith’s seminal work, The Wealth of Nations. Students will examine concepts such as division of labor, the function of markets, the role of self-interest, and the dynamics of trade and commerce. The course emphasizes understanding how economic policies, production, and distribution of wealth shape societies and influence individual and collective prosperity. Through critical analysis and discussion, students will gain insights into the historical and contemporary relevance of economic thought, preparing them to understand and evaluate economic systems, business environments, and policy decisions in a global context.
