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: Erinda Imeraj , Tuesday 10:00- 12:00
Second Lecturer(s) (name, surname, academic title/scientific degree, email address and signature) and Office Hours:
Teaching Assistant(s) and Office Hours: Majlinda Pinari Majlinda Pinari
Language: English
Compulsory/Elective: Compulsory
Classroom and Meeting Time: E 110/ 09:45
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: The objective of this course is to develop an understanding of elementary factors of macroeconomics and give an overview of the macroeconomic equilibrium models of different countries to the students. It aims to learn to students an introduction to the real economy and money and prices in the long run and some basic concepts about inflation and unemployment trade-off.
COURSE OUTLINE
Week Topics
1 Introduction to teaching method, implementation of the course and summary of topics
2 Overview of Macroeconomics
3 Measuring Economic Activity
4 Practical Session
5 Consumption and Investment
6 Practical Session - Review before Midterm
7 Midterm Exam
8 Business Fluctuations and Theory of Aggregate Demand
9 The Multiplier Model
10 Practical Session
11 Financial Markets and the Special Case of Money
12 Central Banking and Monetary Policy
13 Unemployment and Inflation
14 Practical Session - Review before Final Exam
Prerequisite(s): na
Textbook: Economics, P.A.Samuelson-W.D.Nordhaus , 20th ed., Mc Graw-Hill Ins.,2019. Economics, M. Parkin, Pearson; 12 edition (2015)
Other References: Lecturers presentations
Laboratory Work: na
Computer Usage: na
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 Business Informatics (3 years) Program
COURSE EVALUATION METHOD
Method Quantity Percentage
Midterm Exam(s)
1
30
Final Exam
1
45
Attendance
0
Other
1
25
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 15 15
Assignments 5 3 15
Final examination 1 15 15
Other 0
Total Work Load:
125
Total Work Load/25(h):
5
ECTS Credit of the Course:
5