Micro- & Macroeconomics

Course contents
- Fundamentals of political economy
- Fundamentals of economic thinking

- Introduction to the Economic Behavioral Model
- Markets and competition
- Production theory
- Consumption theory

- Welfare measurement by means of national products (GDP, GNP)
- Macroeconomic modelling - the IS-LM Model
- Macroeconomic aspects of economic policy
- Short-term monetary and fiscal policy
- Labor market
- Long-term monetary and fiscal policy
- Macroeconomics of open and closed national economies
- Production, pricing and employment
- Testing economic policy