Introduction to Economics [MNB1SE14EC-Z17]
Semestr zimowy 2017/2018
Wykład,
grupa nr 1
Przedmiot: | Introduction to Economics [MNB1SE14EC-Z17] |
Zajęcia: |
Semestr zimowy 2017/2018 [2017Z]
(zakończony)
Wykład [W], grupa nr 1 [pozostałe grupy] |
Termin i miejsce:
|
(brak danych) |
Liczba osób w grupie: | 81 |
Limit miejsc: | (brak danych) |
Zaliczenie: | Egzamin/zaliczenie na ocenę/zal w skali zal-std2 |
Prowadzący: | Barbara Sawicz |
Literatura: |
(tylko po angielsku) 1. Principles of Microeconomics , N. Gregory Mankiw, sixth edition, Harvard University, 2012. 2. N. Gregory Mankiw, Macroeconomics, Harvard University, Worth Publishers, New York, NY 10010, 2009. 3. D.Begg, S.Fischer and R.Dornbusch, Economics, (8th Edition) 4.htttp://eurostat.ec.europa/portal/page/portal/eurostat/home/ |
Zakres tematów: |
(tylko po angielsku) 1. An introduction to economics A few main principles of economics, Economic perspective: scarcity and choice, rational behavior, benefits and costs analysis; Micro and Macroeconomics. 2. The market system at work Characteristics of the market system: capitalism, communism, socialism, Perfect competition and imperfect competition Economic growth and economic development- measures Competition and the “Invisible hand”; 3. The nature and function of product markets Demand: law of demand, the demand curve, change in demand, changes in quantity demanded, law of diminishing marginal utility; 4. The nature and function of product markets. Supply: law of supply, the supply curve, determinants of supply, movement along the supply curve, changes in quantity supplied; Supply and demand: market equilibrium, rationing function of prices, how prices allocates resources. 5. Elasticity Price elasticity of demand: formula and interpretations; Price elasticity and the total revenue curve; Price elasticity of supply: in the short run, in the long run. 6. Market and Aggregate Demand What determines the demand for goods and services? Who is spending money on the market? Consumption function Marginal propensity to consume Investment function. 7. The markets for the factor of production The concept of the factor of production Production function formula Diminishing marginal productivity. Production function shape. 8. GDP Measuring the value of economic activity How to compute GDP Real and nominal, total and per capita Differenced in the standard of living How and why GDP is used as an index of the standard of living Economic growth and economic development- measures 9. The role of government public goods: demand for public goods; supply of public goods; optimal quantity of public goods; Governmental intervention to the market – prices floor and prices ceiling. 10. Government debt, budget deficits & taxes The source of government’s revenue Taxes: how taxes change the market equilibrium. 11. An introduction to monetary policies Role and function of money Supply of money in the economy How to create money in the economy 12. The source of financial crisis 2008- Budget deficit and the national debt; Austerity measures The magnitude of government indebtedness Public spending and the rate of economic growth |
Metody dydaktyczne: |
(tylko po angielsku) lecture supported by multimedia presentation. |
Metody i kryteria oceniania: |
(tylko po angielsku) 1. active part in the class discussion 40% 2. final exam 60% TOTAL - 100% |
Uwagi: |
MN-B1SE/1,MN-B1SE/2,MN-B1SE/3 |
Właścicielem praw autorskich jest Akademia Finansów i Biznesu Vistula.