13.1.7.2 HB3000 Principles of Economics 3 CR 4.5 ECTS Credits

Objectives:
The student will understand the functioning of a national economy and the related cause-effect relations both at micro and macro level. The student will be able to recognise national and international factors influencing economic development. The student will understand the significance of the EU membership to national economies. The student will be able to follow and analyse economic development in relation to individuals, organisations and business areas.

Content:
Basic Concepts / Demand and Supply / Resource Markets / Business Cycles / Inflation and Unemployment / Money and Currency Markets / Public Finance and Economic Policy / Economic Growth / Environment and Welfare

Method:
Lectures, workshops, examination

Semester:
Term 2 - 3