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Subject 'Micro- and Macroeconomics'

Name in Estonian: Mikro- ja makroökonoomika

Year:   2010/2011    2011/2012    2012/2013    2013/2014    2014/2015    

State codeTLM310
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 after completing the course commands the terminology and basic concepts 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. The mark includes the results of independent work, tests, presentations and the exam.

Literature

Kerem, K., Randveer, M. Mikro- ja makroökonoomika põhikursus. TTÜ, Külim", 2004; Eamets, R. jt. Sissejuhatus majandusteooriasse. 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, 2005.

Is taught in following curricula

2018: TK  
2017: AT  KT  TK  
2016: AT  KT  TK  
2015: AT  KT  
2014: AT  KT  
2013: AT  KT  
2012: AT  KT  
2011: AT  KT  
2010: AT  KT  
2009: AT  KT  
2008:   

Related subjects

Replacement Subjects
TLM116 Micro- and Macroeconomics
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