Principles of Economics

After this course, the student will have a basic understanding of economics and will be able to apply economic thinking to practical societal issues. The student understands how markets and other allocation mechanisms operate and how to evaluate their economic performance. The student will also understand how market power and externalities lead to market inefficiencies and the policy responses to these problems. In addition, the student will have a basic understanding of aggregate economic phenomena including economic growth, business cycles, unemployment, savings, investment, inflation, fiscal and monetary policy and national accounts.

Teaching Language: Finnish

Teaching Period: 2024-2025 Autumn I
2025-2026 Autumn I

Registration:

If you have any questions about the enrollment, please contact the planning officer of the department of Economics (programmecounsellor-biz@aalto.fi).
For the exercise groups that have teaching on campus, students in the Bachelor's Programme in Business will be prioritized.