Economy of Saudi Arabia

ECON 306 - Economy of Saudi Arabia (3-0-3)

Analyzes economic structures, policies, and performance of the Saudi Arabian economy, in its evolutionary phases and current challenges. Topics covered include national income accounting; aggregate demand and its component parts. The labor market and the issue of Saudiization; key sectors of the economy including crude oil, agriculture, manufacturing, and services, with particular reference to the evolving capital and financial markets. International trade, public finance, fiscal and monetary policies, the role of economic planning in Saudi development, the SME sector and privatization.

Pre-requisites: ECON102