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Subject 'Micro- and Macroeconomics'

Name in Estonian: Mikro- ja makroökonoomika

Year:   2013/2014    2014/2015    2015/2016    2016/2017    2017/2018    

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.
- can search and analysis of the global and national economic situation and specificities.
-is able to express and defend their views in the macroeconomic problems.

Form description

Every lecture is based on assignments and discussions.

Literature

Brown, W.S. Makroökonoomika, Külim, 1997, 480 lk.
Eamets, R. jt Sissejuhatus majandusteooriasse, TÜ Kirjastus, 2005
Eesti Statistikaameti andmebaas stat.ee
Eurostat
Kaldaru, H. Mikroökonoomika, TÜ: Tartu Ülikooli Kirjastus, 2006, 272 lk.
Kerem, K., Keres, K., Randveer, M. Mikroökonoomika alused, TTÜ: Külim, 2004, 304 lk.
Kerem, K., Randveer, M. Mikro- ja makroökonoomika põhikursus, TTÜ: Külim, 2007, 158 lk.
Ministeeriumide kodulehed
OECD andmebaas
Org, A., Sults, M. Makroökonoomika ülesannete ja harjutuste kogu, Külim, 2001, 128 lk.
Randveer, M. Mikroökonoomika ülesannete ja harjutuste kogu, Külim, 2006, 104 lk.
Riikide ametlikud kodulehed
Samuelson, P. A. Nordhaus W.D. Economics, Irwin: McGrow Hill, 2006
Wrobel, R. M. Euroopa majanduspoliitika alused, TÜ: Tartu Ülikooli Kirjastus

Evaluation methods

The grade will be achieved when the following is taken to consideration: assignments, individual performance and teamwork, microeconomics test and the result of a graded exam.
To take part in the exam it is mandatory that homework is completed and submitted.
The importance of each module and how it will be graded will be explained and agreed with students at the first lecture.
After the first lecture the grading criteria is also available at the Moodle network.

Name of the e-learning course at Moodle environment (http://ekool.tktk.ee)

Distance: Mikro- ja makroökonoomika kaugõpe
Full time: Mikro- ja makroökonoomika päevaõpe

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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