The course introduces students to the study of economics and aims to help them understand the basic concepts and methods of economic analysis in the field of microeconomics and macroeconomics.
The course presents the possibilities of economic policy
2 Principles of economic analysis
3 Demand, supply and balance
4 Market Effectiveness
5 Government in the economy: Taxation, subsidies, regulation
6 Public goods
7 Market failures and externalities
8 Employment and unemployment
9 International trade
10 Measuring Macroeconomic Sizes
11 Production and Growth
12 Monetary system and inflation
Planned learning activities and teaching methods:
The teaching of this course is based on the textbook, notes from the lecturer, as well as cases studies taken from the daily economics and policy press.
The above constitute a context which is expected to encourage the students’ active participation and critical thinking on applying economic analysis tools to a broad range of organizational types, settings, and challenges.
Assessment methods and criteria:
The Course is assessed by a final examination.
Mankiw, G., Taylor, M. (2017): Economics. 4th Edition, Cengage Learning.