Bachelor
2021/2022
Introduction to Economics
Type:
Compulsory course
Area of studies:
Applied Mathematics and Information Science
Delivered by:
Big Data and Information Retrieval School
Where:
Faculty of Computer Science
When:
1 year, 3, 4 module
Mode of studies:
distance learning
Online hours:
27
Open to:
students of one campus
Instructors:
Векилян Армине Вагенаковна
Language:
English
ECTS credits:
5
Contact hours:
38
Course Syllabus
Abstract
Introduction to Economics is a one-semester course delivered for the first-year DSBA students in the Spring semester. It is taught in English and Russian. First part of the course is based on online course on Coursera platform “Microeconomic Principles”. The second part of the course will be devoted to Macroeconomic Principles and will be taught in-class. This course is designed to develop students’ critical thinking and economic reasoning skills and focuses on the core micro- and macroeconomic models. Based on standard modelling framework, the course addresses problems of market structures, equilibrium and market failures. It also provides the basic toolkit for the analysis of business cycles, such as the IS-LM-BP and AD-AS models, and describes the real world phenomena such Central banks actions, social policy of the government etc in the framework of that models. PREREQUISITES: This is an introductory course and requires virtually no specific knowledge of the subject. Working knowledge of mathematics (i.e. elementary calculus) is a must.