|Kratica: PR. EC.||Opterećenje: 45(P)
|Nositelji: ||prof. dr. sc. Jasminka Šohinger
|Izvođači: ||doc. dr. sc. Tomislav Herceg
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.
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: - - -
|1. ||Samuelson Paul, A. - William D. Nordhaus (2010), Economics, 19th Edition, McGraw-Hill: New York.
|2. ||Hubbard, Glenn R.- Anthony Patrick O'Brien (2010), Economics, 3rd Edition, Pearson: Boston.
And any other textbook on Economics from a respectable publisher.