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Business Economics

General data

Course ID: 2600-ERSM1BE
Erasmus code / ISCED: (unknown) / (unknown)
Course title: Business Economics
Name in Polish: Business Economics
Organizational unit: Faculty of Management
Course groups: (in Polish) Przedmioty dla studentów ERSAMUS na Wydziale Zarządzania UW w semestrze letnim
(in Polish) Przedmioty dla studentów ERSAMUS na Wydziale Zarządzania UW w semestrze zimowym
ECTS credit allocation (and other scores): (not available) Basic information on ECTS credits allocation principles:
  • the annual hourly workload of the student’s work required to achieve the expected learning outcomes for a given stage is 1500-1800h, corresponding to 60 ECTS;
  • the student’s weekly hourly workload is 45 h;
  • 1 ECTS point corresponds to 25-30 hours of student work needed to achieve the assumed learning outcomes;
  • weekly student workload necessary to achieve the assumed learning outcomes allows to obtain 1.5 ECTS;
  • work required to pass the course, which has been assigned 3 ECTS, constitutes 10% of the semester student load.

view allocation of credits
Language: English
Type of course:

elective courses

Short description:

This course main objectives: to introduce the essential principles for an understanding of fundamental economic problems, to provide orderly and objective way of thinking about economic policy problems and to develop preliminary knowledge of economic concepts for understanding of national and international economy.

Full description:

Course outline:

1. International trade, Globalization and protectionism Chapters 2, 3, 6

2. Demand and supply. Elasticity. Chapters 4, 7

3. Cost and industry. Perfect competition. Monopoly. Chapters 10, 11

4. Externalities: Environment, Technology, Information. Chapters 14, 15, 18.

5. Financial Markets. Chapter 19.

6. Growth. Growth models. Chapter 21, 22.

7. Labor. Unemployment. Immigration. Chapter 23, 17.

8. Inflation and inflation targeting. Chapter 24.

9. Trade balance. Chapter 25.

10. Aggregate demand & supply. Keynes. Neoclassical model. Chapters 26, 27, 28.

11. Money and banking. Chapters 29, 30.

12. Exchange rates. Capital flow. Chapter 31.

13. Fiscal policy. Chapter 32.

Bibliography:

Timothy Taylor’s. Principles of Economics: Economics and the Economy.

Assessment methods and assessment criteria:

All assignments should be submitted by their due dates and times. 5% quizzes; 20% problem sets; 10% presentation/research assignment; 25% midterms, 40% accumulative final exam in-class, open books and notes.

This course is not currently offered.
Course descriptions are protected by copyright.
Copyright by University of Warsaw.
Krakowskie Przedmieście 26/28
00-927 Warszawa
tel: +48 22 55 20 000 https://uw.edu.pl/
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