Subject 'Micro- and Macroeconomics'

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

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.

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.

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.

Lectures, seminars, practical classes, tests, presentations.

Arrak, A., Eamets, R., Karm, T., Mets, T., Omel, R., Rand, R., Transperg, V., Vigla, H., Viiol, A., Võrklaev, E. Majanduse ABC. Tartu, 2002.
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

2014: TT  

2013: TT  

2012: LI  TI  

2011: LI  TI  

2010: LI  TI  

2009: LI  TI