Introduction to Economics |
Y3-Introduction to Economics Tutor: Mary Geitona Semester: 1st ECTS: 4 Short Description: This is an introductory economics course covering the basic ideas and theories of economic thought and issues in both microeconomics and macroeconomics. In the microeconomics context the course explores the way in which individual economic agents make decisions (workers, consumers, households and firms). In macroeconomics the aggregate economy is explored, focusing on important issues such as total output, interest rates, inflation, taxes and unemployment. Aims: The students are expected to be able to understand and critically analyse: Learning Outcomes:
Structure: 13 three-hour lectures. Assessment: Written examination. Bibliography: Moutos Th., Scarth W., (2011) Current Economics, Gutenberg, Athens. |