KTTP2110 Basics of Economics (6 cr)

Open the course unit brochure on Sisu
Study level:
Basic studies
Grading scale:
0-5
Language:
English, Finnish
Responsible organisation:
Jyväskylä University School of Business and Economics
Coordinating organisation:
Open University, Jyväskylä University School of Business and Economics
Curriculum periods:
2020-2021, 2021-2022, 2022-2023, 2023-2024

Description

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.

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

Additional information

Timing: 1st year

Literature

  • Begg, D., Vernasca, G., Fischer, S. & Dornbusch, R. 2020. Economics. McGraw-Hill Education. 12. edition; ISBN-13 9781526847393

Completion methods

These completion methods are for University of Jyväskylä degree students. Other options:

Method 1

Evaluation criteria:
Exam
Time of teaching:
Period 1, Period 2
Select all marked parts

Method 2

Evaluation criteria:
Book exam
Select all marked parts
Parts of the completion methods
x

Participation in teaching (6 cr)

Type:
Participation in teaching
Grading scale:
0-5
Language:
Finnish

Teaching

x

Exam (6 cr)

Type:
Exam
Grading scale:
0-5
Language:
English, Finnish
No published teaching