Introduction to economics

Structure Type: Course
Code: KE16A081110
Type: Compulsory
Level: Bachelor
Credits: 2.0 points
Responsible Teacher: Turunen, Tero
Teacher Team: Imppola, Jorma
Language of Instruction: Finnish

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's Workload

- Lectures and seminar 26 h, independent studying including writing assignment 28 h

Prerequisites / Recommended Optional Courses

No prerequisites.

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

Recommended or Required Reading

- Lecture materials
- Other material announced by the lecturer

Mode of Delivery / Planned Learning Activities and Teaching Methods

- Lectures 26 h
- Writing assignment which is presented at the seminar during the last session 28 h

Assessment Criteria

1
Student can satisfactory interpret the basic fundamental concepts of economics. Student can satisfactory define the basic features of micro- and macroeconomics. Student can satisfactory present the basic structures, current status and development directions of economics. Student can satisfactory 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 entirety.

Assessment Methods

- Writing assignment and its presentation

Work Placement

None.

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