Bachelor
2024/2025
Economic Theory
Type:
Compulsory course (International Program 'International Relations and Global Studies')
Area of studies:
International Relations
Delivered by:
Faculty of World Economy and International Affairs
Mode of studies:
distance learning
Online hours:
30
Open to:
students of one campus
Language:
English
ECTS credits:
3
Contact hours:
48
Course Syllabus
Abstract
Economic theory is a one-module undergraduate course, which combines a brief introduction to the standard methodology of economics with an overview of the essential models of mainstream micro- and macroeconomics. It’s intended to give students an overview of the economic models that describe the behavior and interaction of individual consumers and firms, formation of prices in various market structures, and the real-life problems of economic inefficiency caused by market failures as well as macroeconomic issues of aggregate product and national income determination, unemployment, inflation, economic growth and the main instruments and consequences of fiscal and monetary policy.