The course is included in these curricula and study modules
Ib 2001 - 2004 - Business environment
Level/category
Extension studies
Teaching language
English
Type of course
Free Elective
Recommended year of study
1
Total number of ECTS
5 cr
Competency aims
The aim of the course is to familiarize students with the workings of the national economy.
Learning outcomes
Upon completing the course the student should have basic understanding of the workings of the national economy and able to conduct a simple economic analysis.
Course contents
- Output and Aggregate Demand
- Fiscal Policy
- Money and Banking
- Interest Rates
- Aggregate Supply
- Inflation
- Unemployement
Prerequisites and co-requisites
None (Microeconomics)
Previous course names
Economics
Additional information
Will be given in class
Recommended or required reading
David Begg: 2005. Economics. McGraw-Hill
Study activities
- Lectures - 60 hours
- Exercise based learning - 30 hours
- Tuition managed by students but supervised by the teacher - 5 hours
- Individual studies - 32 hours
Workload
- Total workload of the course: 127 hours
- Of which autonomous studies: 32 hours
- Of which scheduled studies: 95 hours
Mode of Delivery
Participation in tuition
Assessment methods
Exams
Examiner
Eldon Sveinn
Home page of the course
None
Group size
No limit
Assignments valid until
Until further notice
The timetable of the course
Will be given during the first lecture
Assessment methods
2007-04-15 - Exams