KTTP2110 Basics of Economics (8 cr)
Study level:
Basic studies
Grading scale:
0-5
Language:
English, Finnish
Responsible organisation:
Jyväskylä University School of Business and Economics
Curriculum periods:
2017-2018, 2018-2019, 2019-2020
Description
Content
Basic concepts and elements of both microeconomic and macroeconomic theories with discussion of their implications for economic policy-making. Basic modeling principles, national income accounting and related statistics are also included in the course.
Completion methods
Book exam (foreign students only): spring semester
Learning outcomes
Learning outcomes At the end of the course the student is expected to be able to:
*comprehend basic economic concepts (f. e. markets, prices, demand, supply, GNP, money, inflation) and their behavior
*apply the concepts and behavior of demand and supply in different market situations, both from a viewpoint of consumers and companies
*evaluate different alternatives and solutions to economic problems
*analyze main factors affecting economic development
*comprehend basic economic concepts (f. e. markets, prices, demand, supply, GNP, money, inflation) and their behavior
*apply the concepts and behavior of demand and supply in different market situations, both from a viewpoint of consumers and companies
*evaluate different alternatives and solutions to economic problems
*analyze main factors affecting economic development
Additional information
Timing: 1st year
Literature
- Begg, D., Vernasca, G., Fischer, S. & Dornbusch, R. 2014. Economics. McGraw-Hill Education. 11. edition; ISBN: 0077154517
Completion methods
Method 1
Select all marked parts
Method 2
Select all marked parts
Parts of the completion methods
x
Unpublished assessment item
x
Unpublished assessment item