Fundamentals of Economics
Objectives of the subject program (competences):
The intention of teaching the subject is to help students understand the meaning, the essence of economics as a science. Considering that the guidance in mastering individual programs is increasingly specialized, in the content of this discipline an attempt has been made to as specifically as possible to address precisely those issues and problems that will directly enable application in the practical engagement of graduated economists.
Course content:
After completing the course, students should be able to apply in practice the acquired theoretical knowledge about the basic economic laws and categories, such as:
- Economics as a science
- Basic economic principles
- Supply and demand: two magic words
- Consumers, producers and market efficiency
- Money: functions, types, circulation ... inflation
- Finance: system, markets ... foreign exchange
- Sources of business capital
- Trade: winners and losers
- Services, the fastest growing part of the global economy
- State and fiscal policy
- Labor market
- Gross domestic product: wealth of the nation.
Learning methods:
Case study method, discussion