Principles of Economics (5 cr)
Code: 3011527-3003
General information
Enrollment
02.12.2020 - 31.01.2021
Timing
01.01.2021 - 31.03.2021
Number of ECTS credits allocated
5 op
Virtual portion
5 op
Mode of delivery
Distance learning
Unit
Engineering and Business
Campus
Location-independent
Teaching languages
- Finnish
Degree programmes
Teachers
- Markku Rajala
Groups
-
PINBOS20
Objective
After completing this course the student is able
- to interpreteconomic information, news or media
- to explain the fundamental concepts in economics
- to usethe terminology correctly in speech and writing
- to negotiate for financing
Content
- 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
Content scheduling
•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
Evaluation scale
H-5