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Subject 'Micro- and Macroeconomics'

Name in Estonian: Mikro- ja makroökonoomika

Year:   2007/2008    2008/2009    2009/2010    2010/2011    2011/2012    

State codeTLM116
Study languageEstonian
ChairKeskused - humanitaar
Credit points 3 ECTS
Grading method Exam

General description

Basic notions and research methods of economics. Production factors and the curve of production opportunities. Market demand and offer. Cost analysis. Market structure, goods market and resource market. National economy accounting. Gross domestic product (GDP), national domestic product (NDP). Consumption, saving, investment. Gross demand and gross offer. Population. Labour market and labour force. Unemployment and inflation. Fiscal and monetary policy. Balance of payments. Economic communities.

General aim

The objective of the course is to develop economic thinking of the students and master an economic theoretical basic course. The course teaches mastering economic fundamental notions and economic terminology. The objective is to master the skills of making rational decisions, based on the principles, active in economy. The content of the course explains the economic behaviour of an individual household, enterprise, production branch and the whole national economy.

Aim

The student:
- commands the terminology and basic notions of economics, established principles and
conceptions that are active in economy as well as contemporary economic trends and
developments.
- has mastered and can analyse economic behaviour of the market participants;
- orientates in contemporary macroeconomic trends.

Form description

Lectures, seminars, practical classes, tests, presentations.

Literature

Kerem, K., Randveer, M. Mikro- ja makroökonoomika põhikursus TTÜ, "Külim", 2004
Eamets, R., jt Sissejuhatus majandusteoorioasse TÜ, Tartu Ülikooli Kirjastus, 2005
Wrobel, R.M. Euroopa majanduspoliitika alused TÜ, Tartu Ülikooli Kirjastus, 2001
Samuelson, P.A., Nordhaus W.D. Economics Irwin, McGrow Hill,

Is taught in following curricula

2019: RR  
2018: AT  ET  HE  KK  ME  RG  RR  TD  TE  
2017: ET  HE  KK  ME  RG  RR  RT  TD  TE  TT  
2016: ET  HE  ME  RG  RR  RT  TD  TE  TT  
2015: ET  HE  ME  RG  RR  RT  TD  TE  TT  
2014: ET  HE  ME  RG  RR  RT  TD  TE  
2013: ET  HE  ME  RG  RR  RT  TD  TE  
2012: EI  ET  GI  MI  RR  RT  TD  TEI  
2011: EI  GI  MI  RR  RT  TD  TEI  
2010: EI  GI  MI  RR  RT  TD  TEI  
2009: EI  GI  MI  RR  RT  TD  TEI  
2008: AT  EI  GI  MI  RR  RT  TD  TEI  
2007: AT  EI  GI  MI  RA  RR  TD  TEI  
2006: AT  EI*  GI  MI  RA  RR  TEI  
2005: AT  EI  GI  MI  RA  RR  TEI  
2004: AT  EA  EI  GI  MI  RA  RR  TEI    
* Optional subject

Is taught in rounds

     2020/2021 Fall semester

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