Introduction to Economics

Faculteit Letteren
Jaar 2021/22
Vakcode LYX007P05
Vaknaam Introduction to Economics
Niveau(s) propedeuse
Voertaal Engels
Periode semester II a

Uitgebreide vaknaam Introduction to Economics
Leerdoelen E3d: knowledge and understanding of the theories and models of international economics;

E5: knowledge and understanding of methods of historical, legal, social and/or economic research;

E9: the ablility to apply knowledge, understanding and skills to critically and systematically evaluate a wide array of beliefs, ideas and data, and to identify and analyse complex issues
Omschrijving This module is designed to provide a thorough general introduction to economics to serve as a basis for the International Economics module. Subjects include (microeconomics): behaviour of consumers and producers (demand and supply), price elasticity, market forms (perfect competition, monopoly, monopolistic competition, oligopoly), the labour and capital markets and welfare theory; (macroeconomics): macro-economic policy, aggregate demand and aggregate supply, inflation, money and the money market, Keynesian and Monetarist views, economic growth. Course material will be studied in greater depth in the seminars/tutorials, through practical exercises and assignments.
Uren per week 6
Onderwijsvorm hoorcollege, werkcollege
(per week 2x2 hours lecture and 2 hours seminar.)
Toetsvorm schriftelijk tentamen
(The seminars are obligatory for students with insufficient knowledge of economics and mathematics to start with (to be decided by the coordinator), for other students they are optional (on the condition that they withdraw their exemption of these seminars). Satisfactory attending the seminars (including assignments) are a prerequisite for doing the final exam. Enrollment seminars: instructions will follow by e-mail.)
Vaksoort propedeuse
Coördinator dr. R.F.J. Paping
Docent(en) dr. S. Choi ,dr. R.F.J. Paping , student-assistent
Verplichte literatuur
Titel Auteur ISBN Prijs
a supplementary reader (15 p.). This new version will become available on the Student Portal, end of January
NB: the book can be replaced by a more recent edition
Economics, tenth European edition 2017: Pearson Parts of M. Parkin, M. Powell and K. Matthews 978-1-292-14782-6 €  66,99
Entreevoorwaarden Admittance to the bachelor IRIO.
Opmerkingen Attendance to the seminars is highly recommended.
Only IRIO-students are allowed to participate in this course.
Students who start the IRIO-programme in 2021-2022 will be registered automatically.
Repeat students must register in Progress. Registration for a seminar group via the Student Portal.
Opgenomen in
Opleiding Jaar Periode Type
Course units for exchange students 1 semester II a keuze
Ba Internationale Betr. en Intern. Organisatie  ( Major) 1 semester II a verplicht