COURSE INFORMATION Course Title: INTRODUCTION TO ECONOMICS II

Code	Course Type	Regular Semester	Theory	Practice	Lab	Credits	ECTS
ECO 102	B	2	3	0	0	3	5

Academic staff member responsible for the design of the course syllabus (name, surname, academic title/scientific degree, email address and signature)	NA
Lecturer (name, surname, academic title/scientific degree, email address and signature) and Office Hours:	Erjon Gjoçi , E309
Second Lecturer(s) (name, surname, academic title/scientific degree, email address and signature) and Office Hours:	NA
Teaching Assistant(s) and Office Hours:	NA
Language:	English
Compulsory/Elective:	Compulsory
Classroom and Meeting Time:	A 127
Course Description:	Introduction to Economics II: This is an introductory macroeconomics course. The aim of the course is to develop an understanding of elementary macroeconomic analysis and its applications. By the end of the term, the student should have acquired a basic understanding of the main macroeconomic topics, including national income, aggregate demand and supply, an introduction to the real economy and money and prices in the long run and some basic concepts about inflation and unemployment trade-off. The material covered in this course will help the student to organize his/her ideas about economics.
Course Objectives:	Comprehending of economic life, analyzing of firm behaviors and deciding processes, analyzing of factor markets and firms deciding strategies in different markets, analyzing of firm behaviors in monopoly, monopoly competition and oligopoly markets, analyzing factor markets and macroeconomic events at the introduction level.

COURSE OUTLINE

Week	Topics
1	Introduction & Syllabus
2	Limits, Alternatives, and Choices (Ch 1)
3	Measuring Domestic Output and National Income (Ch 6)
4	The Aggregate Expenditures Model (Ch 9)
5	Aggregate Demand & Aggregate Supply (Ch 10)
6	Fiscal Policy, Deficits, and Debt (Ch 11)
7	Midterm Exam Review
8	Midterm Exam
9	Money and Banking (Ch 12)
10	Money Creation (Ch 13)
11	Interest Rates & Monetary Policy (Ch 14)
12	Practical Session & Presentations
13	Presentations
14	Final Exam Review

Prerequisite(s):
Textbook:	Economics, P.A.Samuelson-W.D.Nordhaus, 19th ed., Mc Graw-Hill Ins.
Other References:
Laboratory Work:
Computer Usage:
Others:	No

COURSE LEARNING OUTCOMES

1	Learning of economic system and production possibilities analysis
2	Analyzing of economic deciding processes of a rational consumer in ordinal and cardinal consumption theory
3	Determination of market, demand, supply functions as mathematically and theoretically, Fixing of elasticities concerning these functions, Comprehending of state intervention on these functions
4	Learning of firm theory, production theory in short and long term, learning of rational deciding processes directed to profit maximization aim and revenue and cost functions

COURSE CONTRIBUTION TO... PROGRAM COMPETENCIES (Blank : no contribution, 1: least contribution ... 5: highest contribution)

No	Program Competencies	Cont.
Bachelor in Political Science and International Relations (3 years) Program
1	Having and using advanced knowledge and comprehension supported by textbooks including actual knowledge in political sciences and international relations literature, materials and the other scientific resources.	5
2	Analyzing data, ideas and concepts of current political issues and international relations, determining complex events and topics, making discussions and developing new suggestions in accordance with researches.	5
3	Having knowledge and thought about actual topics and problems together with their historical, social and cultural aspects.	5
4	Introducing those who are interested in politics and international events with the topics of Political Science and IR and teaching clearly the problems and the types of solutions.	5
5	Improving skills of working together with the main social science disciplines and other disciplines which are related to Political Science and International Relations.	5
6	Improving critical thinking and skills in making research independently.	5
7	Developing solutions about the problems and conflicts which are common in national and international arena.	5
8	Improving skills for leadership and research and analyze capacity of those who is responsible with national and international ones.	5
9	Knowing any foreign language enough to communicate with colleagues and understand actual researches and articles.	5
10	Gaining IT skills to use computer and technology) in order to reach actual knowledge.	5
11	Gaining skills to follow societal, scientific and ethic values during collecting, interpreting, conducting of data related to social and political developments.	5
12	Having consciousness about human rights and environment.	5
13	Gaining the skills to follow actual developments and pursue long-life learning.	5

COURSE EVALUATION METHOD

Method	Quantity	Percentage
Midterm Exam(s)	1	30
Presentation	1	25
Final Exam	1	30
Attendance		15
	Total Percent:	100%

ECTS (ALLOCATED BASED ON STUDENT WORKLOAD)

Activities	Quantity	Duration(Hours)	Total Workload(Hours)
Course Duration (Including the exam week: 16x Total course hours)	16	3	48
Hours for off-the-classroom study (Pre-study, practice)	16	2	32
Mid-terms	1	10	10
Assignments			0
Final examination	1	10	10
Other	1	25	25
Total Work Load:			125
Total Work Load/25(h):			5
ECTS Credit of the Course:			5