Principles of Economics

Recommended prerequisites: None

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: English

Teaching Period: 2024-2025 Spring IV
2025-2026 Spring IV

Kurssi on ensisijaisesti tarkoitettu muille kuin kauppakorkeakoulun opiskelijoille.

Kauppakorkeakoulun 1. vuoden opiskelija: huomaathan, että Principles of Economics -kurssia ei oteta huomioon kauppatieteiden kandidaattiohjelman pääainevalinnassa.