Basics of economics
Informacje ogólne
Kod przedmiotu: | R.1sa.ECN.SI.RROAY |
Kod Erasmus / ISCED: | (brak danych) / (brak danych) |
Nazwa przedmiotu: | Basics of economics |
Jednostka: | Katedra Zarządzania i Ekonomii Przedsiębiorstw |
Grupy: | |
Punkty ECTS i inne: |
(brak)
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Język prowadzenia: | angielski |
Skrócony opis: |
The course aims to familiarize the students with mechanisms and phenomena of economics considering the behaviour of major market system players. Thus, the theory includes basic microeconomic laws referring to market, consumer and producer, as well as the macroeconomic issues of unemployment, inflation, business cycle and national income. The context of intrinsic processes of globalization and integration will also be emphasized with special regard to causes and social effects of these processes and their impact on world’s economy. |
Pełny opis: |
Lectures (10h) 1. Law of Scarcity – the Core of Economics, 2. ABC of Economics, 3. Market System Structure and Mechanism, Law of Supply and Demand, Cobweb Model, 4. Consumer’s Equilibrium – Rarity Phenomenon, 5. Production Function, 6. Aims and Tools of Macroeconomics, 7. Unemployment – Static Structure and Problem, 8. Business Cycle – Dynamic Structure and Problem, 9. Sustainability within the Process of Globalization, 10. Balance within the Process of Integration. Classes (20h) 1. Economic Experience in Chosen Countries (case study 1), 2. Economic Experience in Chosen Countries (case study 2), 3. Economic Experience in Chosen Countries (case study 3), 4. Economic Experience in Chosen Countries (case study 4), 5. Economic Experience in Chosen Countries (case study 5), 6. Perception of Contemporary Processes at Local Scale (case study), 7. Adjustment of Theory to Local Conditions (case study 1), 8. Adjustment of Theory to Local Conditions (case study 2), 9. Adjustment of Theory to Local Conditions (case study 3), 10. Adjustment of Theory to Local Conditions (case study 4), 11. Adjustment of Theory to Local Conditions (case study 5), 12. Perception of Contemporary Processes at Regional Scale (case study), 13. Adjustment of Theory to Regional Good Practice (case study 1), 14. Adjustment of Theory to Regional Good Practice (case study 2), 15. Adjustment of Theory to Regional Good Practice (case study 3), 16. Adjustment of Theory to Regional Good Practice (case study 4), 17. Adjustment of Theory to Regional Good Practice (case study 5), 18. Perception of Contemporary Processes at Global Scale (case study), 19. Final Discussion, 20. Assessment. All classes should correspond well with Benjamin Bloom taxonomy: knowledge, comprehension, application, analysis, synthesis, evaluation, adjustment and with Hiroyuki Hirano 5S process. Subject statistic 1. Number of hours and ECTS credits - compulsory subject Hours: 100; ECTS: 4 2. Number of hours and ECTS credits - facultative subject Hours: -; ECTS: - 3. Total number of hours and ECTS credits, a student must earn by direct contact with academics (lectures, classes, seminars....) Hours: 30; ECTS: 1,2 4. Total number of hours and ECTS credits, a student earns in the course of a practical nature, such as laboratory, field trips and design classes Hours: -; ECTS: - 5. Expected personal workload (without or with academics participation during consultations) necessary for realization of subject objectives. Hours: 70; ECTS: 2,8 |
Literatura: |
Samuelson P.A., Nordhaus W.D. 1989: Microeconomics – a Version of Economics; McGraw-Hill Book Company, New York. Samuelson P.A., Nordhaus W.D. 1989: Macroeconomics – a Version of Economics; McGraw-Hill Book Company, New York. Mankiw N.G., Taylor M.P. 2006: Economics; Thomson Learning, London, United Kingdom. Bowden E.V., Bowden J.H. 1995: Economics – the Science of Common Sense; South-Western College Publishing Co., Cincinnati, Ohio, United States. |
Efekty uczenia się: |
Knowledge After completing the course, the student: - points out major aims and tools of economics, - characterizes the consumer’s and producer’s optimums within the market system, - describes the global and regional processes happening in contemporary world economy. Skills After completing the course, the student is able to: - interpret socio-economic phenomena occurring in market economy, - explain the functioning of mechanisms of basic laws in market system, - present main causes and effects of socio-economic processes in global economy, - distinguish and compare the strategic points in consumer’s and producer’s theory, - calculate different elasticities of supply and demand. Competences After completing the course, the student: - appreciates the role and significance of market economy in contemporary world, - is aware of interdisciplinary character of economic sciences, - discerns the complexity and interdependence of world economy problems. |
Metody i kryteria oceniania: |
Methods and criteria of assessment Lectures – written exam (economic laws and mechanisms, market system structure, diagrams, graphs, ways of economic processes perception, etc.) Classes – oral presentations concerning the following elements: essence, form, discussion and solving problems ability, as well as originality. Grade E (2.0) Lack of orientation in the range of main laws, processes and phenomena of market system. Grade D (3.0) Basic orientation in the range of main laws, processes and phenomena of market system. Grade C (3.5) Basic orientation in the range of main laws, processes and phenomena of market system, the ability to draw a graph and explain the economic mechanism referring either to consumer’s or producer’s theory. Grade B (4.0) Good orientation in the range of main laws, processes and phenomena of market system, the ability to draw graphs and explain the economic mechanism referring to consumer’s, as well as producer’s theory. Grade B+ (4.5) Good orientation in the range of main laws, processes and phenomena of market system, ability of drawing graphs and explaining individual economic mechanisms concerning static and dynamic structure of microeconomics and macroeconomics. Grade A (5.0) Fluent orientation in the range of main laws, processes and phenomena of market system, ability of drawing graphs and explaining individual economic mechanisms, combining them together with regard to both static and dynamic structure of microeconomics and macroeconomics. |
Właścicielem praw autorskich jest Uniwersytet Rolniczy im. Hugona Kołłątaja w Krakowie.