Study Guide
Study Guide
#savoniaUAS
Curricula starting in 2022 and earlier
Savonia's new Study Guide (curriculum starting in 2023 and after) can be found here.
| Basis of Education | Competence Standards | Structure of Studies | Development of Expertise | Methods and implementation | Course Table |
Course Description
| Code | 4 LIP2200 |
| Name | Economics |
| Credits | 5 ects |
| Objectives | The student understands the economic rationale of business and becomes familiar with the essential economic tools for economic analysis. The student understands the economic backgrounds of markets' interaction, and the economic logic of output and price. Further, the student is familiar with major macroeconomic variables and understands the role of macroeconomic policies to stabilise these variables. |
| Content | Economic problem, demand and supply, cost structure and supply decision, market structures, macroeconomic variables (inflation, unemployment, interest rate, GDP, economic cycles), macroeconomic policies (fiscal and monetary), macroeconomic analysis (AD/AS). |
| Requirements | Assignment, final examination. |
| Grading Scale | 0 - 5 |
| Course material | Hubbard, R. and O'Brien, A. Economics. 3rd ed. or newer. Pearson. Parkin, M. Economics: Global edition. 10th ed. or newer. Prentice Hall. (Selected chapters) |
| Prerequisites | |
| Other Considerations | |
| Contact | Hannoura Abdelazim |
We reserve the right to make changes to the curriculum due to the need to update the content being studied.