INTRODUCTION TO ECONOMICS

Academic year 2016/2017 Syllabus of previous years
Official course title INTRODUCTION TO ECONOMICS
Course code LT9005 (AF:233114 AR:117998)
Modality Frontal Lesson
ECTS credits 12
Degree level Bachelor's Degree Programme
Educational sector code SECS-P/01
Period 2nd Semester
Course year 1
Course objectives
This course provides students with a broad overview of intermediate-level economy theory, covering both microeconomic theory and macroeconomic theory. Students will learn: to interpret economic issues through the application of economic theory, to formulate and address economic policies using the language and approach of economic analysis; to set up and solve theoretical economic problems.
Students will acquire the appropriate economic tools and terminology and develop a critical approach to the real world
Pre-requirements
Some basic knowledge of graphical representations and secondary-school level Mathematics.
Contents
Part 1 will be devoted to microeconomics:
- trade offs in economics
- consumer theory
- elasticity and markets
- the effect of taxes
- production theory
- equilibrium under perfect competition and welfare
- monopoly and oligopoly
- uncertainty

Part 2 will be devoted to macroeconomics:
- national accounts
- demand and supply
- unemployment and inflation
- long run economic growth
- saving, investment and finance
- economic policies
- open economy
Referral texts
Economics,by Paul Krugman and Robin Wells, McMillan publisher, third edition

Suggested readings:
From Evidence to Action: The story of cash transfers and impact evaluation in sub-Saharan Africa, by Davis, B., Handa, S., Hypher, N., Rossi, N. W., Winters, P., Yablonski, J. (2016). FAO, UNICEF, and Oxford University Press

http://www.fao.org/publications/card/en/c/0b24b92e-5254-4d06-a317-84ccd6babe23/
Type of exam
written
Assessment methods
-Homework assigned weekly (20% of final mark)
-Mid-term written examination (40% of final mark)
-Final written examination (40% of final mark)
Teaching methods
Besides the lectures there will be some "on line applications" and some tutorials.
Students will be expected to hand in regularly their homeworks.
Teaching language
English
Sustainability
  • Course with sustainable contents
  • University credits of sustainability: 2
  • E-learning, moodle platforms
  • Use of open-source software