Delivered at:: Faculty of World Economy and International Affairs

Course type:: Compulsory course

When:: 1 year, 1-4 module

Instructor

Vorchik, Andrey

Full Syllabus Ask Question

Abstract

No Pre-requisites required. Anyone who interested in basic economics is always welcome. Introduction to Economics is a foundation for the application of economics knowledge for other related subject in the course. It is an introductory course in microeconomics and macroeconomics, which introduces the basic concepts of economics. Microeconomics (Introduction to Economics I) discusses applications-the study of how individuals make a decision and interact in markets, under conditions of perfect and imperfect competition. The study of macroeconomics (Introduction to Economics II) involves economy-wide issues such as inflation, unemployment, economic growth and policies.

Learning Objectives

To introduce the key principles of economics
To examine the theories of microeconomics and macroeconomics, and how they are applied in real world
To develop critical thinking and problem-solving skills of students
To create a strong understanding of economics that will serve as a foundation for further studies of the students

Expected Learning Outcomes

At the completion of this course students are expected to be able to: understand important terminology and think as an economist based on logics of economics and
At the completion of this course students are expected to be able to: understand basic instruments of studying economics such as understanding graphs, basic mathematic tools, and statistics.

Course Contents

INTRODUCTION TO ECONOMICS I. Week 1 Topics Introduction of the course
Week 2
Week 3
Week 4
Week 5
Week 6
Week 7
Week 8
Week 9
Week 10
Week 11
Week 12
Week 13
Week 14
Week 15
Week 16
INTRODUCTION TO ECONOMICS II/ Week 1
Week 2:
Week 3:
Week 4:
Week 5:
Week 6:
Week 7:
Week 8:
Week 9:
Week 10:
Week 11:
Week 12:
Week 13:
Week 14: Chapter 32
Week 15:
Week 16: Final exam

Assessment Elements

Exam 4 module
Participation
In order to get full marks for the participation students need to actively participate in the class discussions, to demonstrate familiarity with assigned readings and lecture material, including being prepared to answer the questions that the class teacher may pose.
Mid-term test
Attendance
Exam
Group projects
Quiz
Homework

Interim Assessment

2024/2025 2nd module
0.05 * Attendance + 0.4 * Exam + 0.1 * Group projects + 0.1 * Homework + 0.2 * Mid-term test + 0.05 * Participation + 0.1 * Quiz
2024/2025 4th module
0.05 * Attendance + 0.4 * Exam 4 module + 0.1 * Group projects + 0.1 * Homework + 0.2 * Mid-term test + 0.05 * Participation + 0.1 * Quiz

Bibliography

Recommended Core Bibliography

Principles of economics, Mankiw, N. G., 1998

Recommended Additional Bibliography

9781292079219 - Acemoglu, Daron; Laibson, David I.; List, John A. - Economics, Global Edition - 2016 - Pearson - https://search.ebscohost.com/login.aspx?direct=true&db=nlebk&AN=1419560 - nlebk - 1419560

Authors

Большова Екатерина Владимировна
Базарова Евгения Сергеевна
Desiatnikov IVAN Vasilevich

Bachelor’s Programme 'HSE University and Kyung Hee University Double Degree Programme in Economics and Politics in Asia'

Introduction to Economics