Economics (3 cr)
Code: A100CF98-3004
General information
Enrollment
01.12.2022 - 13.01.2023
Timing
16.01.2023 - 04.03.2023
Number of ECTS credits allocated
3 op
Mode of delivery
Contact teaching
Campus
Seats
0 - 5000
Learning outcomes
By the end of the course, students will be able to describe the principles of modern market economy. Students will be able to explain the basic concepts of microeconomics and macroeconomics and can apply models of consumer, firm, markets and economy in simple situations. In addition, students can analyze the role and consequences of monetary and fiscal policy.
Implementation and methods of teaching
Independent preparation for the exam (course book and video lectures) 77 h and Moodle exam exams 4 h. Total workload for student 81 h.
Learning material and recommended literature
Pohjola Matti: Taloustieteen Oppikirja, 14th ed.
Contents
Principles of microeconomics and macroeconomics. Demand, supply and market equilibrium, production and markets for the factors of production, economics of the public sector. Economic growth, unemployment, inflation, economic fluctuations, stabilization policy.
Additional information for students: previous knowledge etc.
Teachers: Tiia-Lotta Pekkanen, Jorma Sappinen
Link to the course brochure: https://sis-lut.funidata.fi/student/courseunit/otm-add1ade1-19f9-4133-aad0-7297d4d24049/brochure
Assessment criteria
Grade 0-5, evaluation 0-100 points, Moodle exam 100%
Assessment scale
1-5