Introduction to Economics

Structure Type: Course
Code: LTYP105
Level:
Credits: 4.0 points
Responsible Teacher: Imppola, Jorma
Language of Instruction: Finnish

Course Implementations, Planned Year of Study and Semester

Curriculum  Semester  Credits  Start of Semester  End of Semester
LITAKO-2015   1 spring   4.0   2016-01-01   2016-07-31  
PK-2015   1 spring   4.0   2017-01-01   2017-07-31  
LITAKO-2016   1 spring   4.0   2017-01-01   2017-07-31  
PK-2016   1 spring   4.0   2018-01-01   2018-07-31  

Learning Outcomes

- Student can interpret the basic fundamental concepts of economics.
- Student can define the basic features of micro- and macroeconomics.
- Student can present the basic structures, current status and development directions of economics.
- Student can explain the connection between the company activities and the economics entirety.
- Student can interprete basic descriptive statistics.

Student's Workload

Total work load of the course: 107 h
- of which scheduled studies: 30 h
- of which autonomous studies: 77 h

Prerequisites / Recommended Optional Courses

No previous studies are required.

Contents

- Basic concepts of national economy
- Growth in the economy and economic fluctuations
- Different economic systems
- Basics of micro and macro economy monetary systems and inflation
- Basics of reading statistics

Recommended or Required Reading

- Lecture materials
- Other material announced by the lecturer

Mode of Delivery / Planned Learning Activities and Teaching Methods

- Lectures
- Writing assignment and its presentation

Assessment Criteria

1
Student can satisfactorily interpret the basic fundamental concepts of economics. Student can satisfactorily define the basic features of micro- and macroeconomics. Student can satisfactorily present the basic structures, current status and development directions of economics. Student can satisfactorily explain the connection between the company activities and the economics entirety.
3
Student can interpret well the basic fundamental concepts of economics. Student can define well the basic features of micro- and macroeconomics. Student can satisfactory present the basic structures, current status and development directions of economics. Student can explain well the connection between the company activities and the economics entirety.
5
Student can interpret excellently the basic fundamental concepts of economics. Student can define excellently the basic features of micro- and macroeconomics. Student can satisfactory present the basic structures, current status and development directions of economics. Student can explain excellently the connection between the company activities and the economics entiretyily

Assessment Methods

- Home exam 50%
- Written assignment and its presentation 50%

Work Placement

None.

Back