KTTP2110 Basics of Economics (6 cr)
Study level:
Basic studies
Grading scale:
0-5
Language:
English, Finnish
Responsible organisation:
Jyväskylä University School of Business and Economics
Curriculum periods:
2020-2021, 2021-2022, 2022-2023
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
*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
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
9/7–10/28/2020 Lectures
11/13–11/13/2020 Exam
12/11–12/11/2020 Exam
2/19–2/19/2021 Exam
x
Exam (6 cr)
Type:
Exam
Grading scale:
0-5
Language:
English, Finnish