Introductory Economics (OPEN UNI)

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After completing the course the students: 1) understand the basic concepts of economics and the rudiments of economic theory. 2) can explain the determination of resource allocation and prices in a market economy 3) know how the aggregate economy operates in the short and long run 4) know how economic policy affects the economy.

36 hours of lectures, including possible exercises. Self-study and preparing for exam.

The material provided in lectures

Final Exam.

The course grade is determined by the final exam.

The course utilizes a numerical grading scale 0-5. In the numerical scale zero stands for a fail.

Target group Students of open university, OBS minor students

This course is part of OBS open university route.