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