| UBI | ECO | Spring 2020 | Economics | ||||||
| Unit | Subject | Timing | |||||||
| 1 | Introductory case: Analysing the BREXIT | FRI | 7 FEB | 18:00 | 21:00 | ||||
| History of the relationship UK - EU | |||||||||
| The economics of regional integration | |||||||||
| Learnings | |||||||||
| 2 | Supply and demand - how markets work | SAT | 8 FEB | 10:00 | 13:00 | ||||
| Market forces | |||||||||
| Elasticities | |||||||||
| Customer choices and competitive markets | |||||||||
| 3 | Markets, efficiency, welfare | MON | 10 FEB | 18:00 | 21:00 | ||||
| Consumers and producers and market efficiency | |||||||||
| Government policies | |||||||||
| The tax system | |||||||||
| 4 | Inefficient market allocation | TUE | 11 FEB | 18:00 | 21:00 | ||||
| Different types of goods | |||||||||
| Market failure and externalities | |||||||||
| Behavioural economics | |||||||||
| 5 | Firm behaviour in different markets structures | MON | 2 MAR | 18:00 | 21:00 | ||||
| Firm's production decisions | |||||||||
| Different market structures | |||||||||
| 6 | Factor markets, inequality and trade | TUE | 3 MAR | 18:00 | 21:00 | ||||
| The economics of factor markets | |||||||||
| Income equality and poverty | |||||||||
| Interdependence and the gains from trade | |||||||||
| 7 | Introduction to macroeconomics | THU | 6 MAR | 18:00 | 21:00 | ||||
| Nation's well beeing | |||||||||
| Cost of living | |||||||||
| 8 | The real economy in the long run | FRI | 7 MAR | 18:00 | 21:00 | ||||
| Production and growth | |||||||||
| Unemployment | |||||||||
| 9 | Interest rates, money and prices in the long run | MON | 20 APR | 18:00 | 21:00 | ||||
| Saving, investments and the financial system | |||||||||
| Basic tools of finance and issues in the financial market | |||||||||
| The monetary system, money grwoth and inflation | |||||||||
| 10 | Macroeconomics in open economies | TUE | 21 APR | 18:00 | 21:00 | ||||
| Basic concepts | |||||||||
| Theory of the open economy | |||||||||
| 11 | Short-run economic fluctuations | FRI | 24 APR | 18:00 | 21:00 | ||||
| Business cycles, Keynesian economics and IS-LM analysis | |||||||||
| Impact of monetary and fiscal policy on demand and supply | |||||||||
| Trade off between inflation and unemployment; Supply-side policies | |||||||||
| 12 | International macroeconomics | SAT | 25 APR | 10:00 | 13:00 | ||||
| Common currency areas and the EMU | |||||||||
| Financial crisis and sovereign debt | |||||||||
| Note | |||||||||
| Literature | Mankiw, Gregory, Taylor, Mark, Economics, 2017, 4ed. | ||||||||
| Evaluation | Final exam - 2 hours - 100% | ||||||||
Druckversion 