Principles of EconomicsLaajuus (5 cr)

Objective

After completing this course the student is able to interpret economic information, news or media to explain the fundamental concepts in economics to use the terminology correctly in speech and writing to negotiate for financing

Content

Contents: basic concepts and explanatory models of economics market structures and the modes of competition income and output of nations; macroeconomic data, output determination, fiscal policy, foreign trade money and banking, interest rates, aggregate demand and output aggregate supply, inflation and unemployment