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:	B010 | E312 | E110 | E012
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
2	Review Principles of Microeconomics
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, Campbell R. McConnell & Stanley L. Brue
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 Banking and Finance (3 years) Program
1	The students are gained the ability to look at the problems of daily life from a broader perspective. They gain the needed skills not only to understand economic problems in banking and finance but also to construct a model and defend in meaningful way.	5
2	They have knowledge about the finance and banking.	5
3	They have knowledge about the money and banking.	5
4	They have knowledge about the international finance and banking.	5
5	They have ability to use mathematical and statistical methods in banking and finance.	5
6	They know how to use computer programs in both daily office usage and statistical data evaluations in banking and finance department.	5
7	They have necessary banking and finance skills that needed in private and public sector.	5
8	They are intended to be specialist in one of departmental fields that they choose from the list of general economics, finance economics, public finance, corporate finance, finance management, international finance markets and institutions, banking and central banking, international finance and banking, money and banking, international trade and banking.	5
9	They have ability to utilize fundamental economic theories and tools to solve economic problems in banking and finance.	5
10	They are aware of the fact that banking and finance is a social science and they respect the social perspectives and social values of the society’s ethics.	5

COURSE EVALUATION METHOD

Method	Quantity	Percentage
Midterm Exam(s)	1	30
Presentation	1	30
Final Exam	1	30
Attendance		10
	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