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Principles of Economics
Kratica: PR. EC.Opterećenje: 45(P) + 0(S) + 0(SJ) + 45(A) + 0(TJ) + 0(PK) + 0(T)
Nositelji: prof. dr. sc. Jasminka Šohinger
Izvođači: doc. dr. sc. Tomislav Herceg ( Auditorne vježbe )
Opis predmeta:

Course Objectives
This is an introductory course designed for you, first year students of Economics. It is intended to give you an overview of the most important areas int the study of Economics. The aim of his course is to capture and develop your economic intuition and understanding of tendencies and events in global markets. The areas studied will comprise fundamentals of both micro and macroeconomics, long-term growth and short-run fluctuations, monetary and fiscal policy, and international economy. An essential part of the course will be your active participation in analyzing current economic events and developments and in discussing those in class.

Course Contents
Subject, methods and a short overview of history of economic thought
Basic elements of supply and demand, concept of elasticity
Demand and consumer behaviour
Production and business organisation, analysis of costs
Market structures: perfect competition, monopolies, oligopolies, monopolistic competition. Uncertainty and game theory
Markets for factors of production: labour, land and capital
Market and economic efficiency. Market imperfections. The role of government in an economy. Taxation. Public goods and externalities
Overview of macroeconomics; GDP - calculation. Value added approach. From GDP to disposable income
Consumptions, investments, business cycles
Theory of aggregate demand, multiplier model
Financial markets and money. Monetary policy and central banking
Aggregate supply, unemployment and price stability
Schools of macroeconomic thought and economic policies
Economic growth and development
International economics: trade and exchange rate systems
Jezici na kojima se održava nastava: - - -
Obavezna literatura:
1. Samuelson Paul, A. - William D. Nordhaus (2010), Economics, 19th Edition, McGraw-Hill: New York.
Preporučena literatura:
2. Hubbard, Glenn R.- Anthony Patrick O'Brien (2010), Economics, 3rd Edition, Pearson: Boston. And any other textbook on Economics from a respectable publisher.
Legenda
P - Predavanja
S - Seminar
SJ - Vježbe iz stranog jezika
A - Auditorne vježbe
TJ - Vježbe tjelesnog odgoja
PK - Vježbe u praktikumu
T - Terenske vježbe
* - Predmet se ne polaže
Srce - Sveučilišni računski centar Sveučilišta u Zagrebu