Economics
Course: Economics (English/Ukrainian Taught)
Structural unit: Faculty of Economics
Title
Economics
Code
OK2
Module type
Обов’язкова дисципліна для ОП
Educational cycle
First
Year of study when the component is delivered
2023/2024
Semester/trimester when the component is delivered
1 Trimester
Number of ECTS credits allocated
12
Learning outcomes
PLO 3. To know and use economic terminology, explain the basic concepts of micro- and macroeconomics.
PLO 4. To understand the principles of economics, especially the functioning of economic systems.
PLO 6. To use professional arguments to transmit information, ideas, problems and ways of their solving to professionals and non-professionals in the field of economic activity.
PLO 16. To be able to use data, provide argumentation, critically evaluate logic and draw conclusions from scientific and analytical texts on economics.
PLO 21. To be able to think abstractly, apply analysis and synthesis to identify the key characteristics of economic systems of various levels, as well as the peculiarities of their subjects' behavior.
PLO 22. To demonstrate flexibility and adaptability in new situations, in working with new objects and in uncertain conditions.
Form of study
Full-time form
Prerequisites and co-requisites
Knowledge of fundamentals of decision-making; principles and general concepts of consumer choice theory; understanding of the basic economic laws, motives of behavior of economic agents, role of state regulation of economy etc.
Course content
Course is devoted to the research of foundations of microeconomic and macroeconomic aspects of functioning of modern economy.
Recommended or required reading and other learning resources/tools
1. Mankiw, N. Gregory. Principles of Economics. Cengage Learning. 2014
2. Varian H. Intermediate Microeconomics. A Modern Approach. 9th ed. New York: W.W.Norton & Co, 2014. 832 p.
3. Frank R., Bernanke B. Principles of microeconomics. 2nd ed. Boston: McGraw-Hill/Irwin, 2004. 424 p.
4. Greenlaw St. Shapiro D. Principles of Microeconomics 2e. OpenStax, 2017. 552 p.
5. Mankiw G. Principles of Microeconomics. 8th edition. Boston: Cengage Learning, 2017. 528 p.
Planned learning activities and teaching methods
Lecture, seminar, workshop, panel discussions, team work, case studies, student’s self-study, exam
Assessment methods and criteria
The forms of evaluation (max. 100 points, min – 60 points):
- semester evaluation:
1. Discussion of problematic issues (RS 1.1-1.5; 2.2) - 10 points / 4 points;
2. Module test (2 MT, 20 points max. each) (RS 1.1-1.5; 2.2) - 40 points / 26 points;
3. Individual student’s self-study (1 written paper, 25 points) (RS 1.1-1.5, 2.1-2.2) - 25 points / 15 points;
4. Final Test (RS 1.1-1.5, 2.1-2.2) - 25 points / 15 points.
Language of instruction
English
Lecturers
This discipline is taught by the following teachers
Volodymyr
Vitaliiovych
Virchenko
Department of Economic Theory, Macro- and Microeconomics
Faculty of Economics
Faculty of Economics
Departments
The following departments are involved in teaching the above discipline
Department of Economic Theory, Macro- and Microeconomics
Faculty of Economics