Principles of Economics (5 cr)
Code: 3011527-3006
General information
- Enrollment
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02.12.2023 - 15.01.2024
Registration for the implementation has ended.
- Timing
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25.01.2024 - 27.03.2024
Implementation has ended.
- Number of ECTS credits allocated
- 5 cr
- Local portion
- 5 cr
- Mode of delivery
- Contact learning
- Unit
- Engineering and Business
- Campus
- Location-independent
- Teaching languages
- English
- Degree programmes
- Degree Programme in International Business
- Teachers
- Markku Rajala
- Course
- 3011527
Evaluation scale
H-5
Content scheduling
Basic theories of economy
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
Materials
Theory book: https://www.core-econ.org/espp/
Teaching methods
Own paced learning with reading and writing
Exam schedules
-
International connections
-
Completion alternatives
-
Student workload
- Learning theory 85h
- Preparing for the exam 55h
Further information
-