of - unizd.hr · samuelson, a. p., nordhaus, d. w., economics, mcgraw-hill education (uk) ltd.,...
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Study Programme Undergraduate Studies in ManasementCourse EconomicsStatus of the Course CompulsoryYear 2014.1201.s, Semester 1..
ECTS Credits 8
Teacher Mladen Raiko, D.Sc.
e-mail [email protected] hours current consultation hours are published at www.ekonomija.unizd.hr
Associate / Assistant Diiana Cidin-Saine-mail [email protected] hours current consultation hours are published at www.ekonomija.unizd.hr
Place of Teaching Department of Economics, Splitska 1.,ZadarMode of Teaching Lectures and exercisesTeaching WorkloadLectures + Seminars +
Exercises30 hours of lectures + 30 hours of exercises
Start date 01,.10.201,4. End date 31.01.2015.EnrolmentRequirements
Course Contents
lntroduction to economics: Beginnings of economics. Three problemsof economic organisation. Technological possibilities of society.Market. Trade, money and capital. Economic role of the state. Basic
elements of supply and demand.Miuoeconomics: Application of supply and demand. Demand andconsumer behaviour. Geometrical analysis of consumer balance.Production and business organisation. Costs analysis. Production,costs theory, and business decisions. Analysis of perfect competitionmarkets. lmperfect competition and monopolies. Oligopolies andmonopolistic competition. Uncertainty and games theory. Productionfactor markets; how the market determines revenues. Labour market.Land and capital. Markets and economic efficiency.lnternationol trade, the state and the environment: Comparativeadvantages and protectionism. State taxation and expenditure.Promotion of efficient markets. Environmental protection. Efficiencyversus equality.Macroeconomics: Overview of macroeconomics. Measuring economicactivity. Consumption and investments. Business fluctuations andaggregate demand theory. The Multiplier model. Financial marketsand the issues of money. Central banking and monetary policy.Growth, development dnd globol economics: Process of economicgrowth. Challenges of economic growth. Foreign exchange rates andinternational financial systems. Macroeconomics of an open economy.Unemployment, inflation and economic policy: unemployment andbasics of aggregate supply. Ensuring price stability. Conflictingmacroeconomic schools. Economic policies for growth and stability.
Required Reading
Samuelson, A. P., Nordhaus, D. W., Economics, McGraw-Hill Education
(UK) Ltd., 1gth Edition, 2010.
Polovina, S., Medii D. 5., Osnove ekonomije: prirudnik za studijekonomije (uz udibenik P. Samuelson-W. Nordhaus, Ekonomija, 1.5.
izda nie), Med i nek, Zaereb, 2002.Additional Reading N. Gregory Mankiw, Principles of Microeconomics, 6th Edition,
Harvard University, 2012.Course EvaluationProcedures Student surveys
Conditions forObtaining Signatures
Regular attendance, submitted homework and esseys
Mark Grading Scale
so-64%65 -77%78-89%90 - 100%
sufficient (2)
good (3)
very good (4)
excellent (5)
Final Grade Calculation
class preparationhomeworkesseys
written examoral exam
L5%5%
20%30%30%
Topics - Lectures
society. Market. Trade, money and capital. Economic roleof the state. Basic elements of supply and demand.
The central concepts of economics. Three problems ofeconomic organization. Technological possibilities of
Edition, 2010.
Samuelson, A. P., Nordhaus,D. W., Economics, McGraw-Hill Education (UK) Ltd., 19th
Application of supply and demand. Demand and consumerbehavior. Geometrlcal analysis of consumer balance.
Samuelson, A. P., Nordhaus,
D. W., Economics, McGraw-
Hill Education (UK) Ltd., 19th
Edition, 2010.
Production and organization of business. Analysis ofexpenditure. Production, expenditure theory, and businessdecisions.
Samuelson, A. P., Nordhaus,
D. W., Economics, McGraw-
Hill Education (UK) Ltd., 19th
Edition, 2010.
Analysis of perfect competition. lmperfect competition andmonopoly.
Samuelson, A. P., Nordhaus,
D. W., Economics, McGraw-
Hill Education (UK) Ltd., 19th
Edition, 2010.
Oligopoly and monopolistic competition. Uncertainty andgame theory.
Samuelson, A. P., Nordhaus,
D. W., Economics, McGraw-
Hill Education (UK) Ltd., 19th
Edition, 2010.
How the market determines revenues. Labor market. Landand capital. Markets and economic efficiency.
Samuelson, A. P., Nordhaus,
D. W., Economics, McGraw-
Hill Education (UK) Ltd., 19th
Edition, 2010.
Comparative advantages and protectionism. State taxationand expenditure.
Samuelson, A. P., Nordhaus,
D. W., Economics, McGraw-
Hlll Education (UK) Ltd., 19th
Edition, 2010.
Promotion of efficient markets. Environmental protection.Efficiency versus equality.
Samuelson, A. P., Nordhaus,
D. W., Economics, McGraw-
Hill Education (UK) Ltd., 19th
Edition, 20L0.
9.Overview of macroeconomics. Measu ring economicactivity.
Samuelson, A. P., Nordhaus,
D. W., Economics, McGraw-
Hill Education (UK) Ltd., 19th
Edition, 2010.
10.Consumption and investments. Business fluctuations andaggregate demand theory. The multiplier model.
Samuelson, A. P., Nordhaus,
D. W., Economics, McGraw-
Hill Education (UK) Ltd., 19th
Edition, 2010.
11. Financial markets and the issue of money.
Samuelson, A. P., Nordhaus,
D. W., Economics, McGraw-
Hill Education (uK) Ltd., 19th
Edition, 2010.
t2. Central banking and monetary policy.
Samuelson, A. P., Nordhaus,
D. W., Economics, McGraw-
Hill Education (UK) Ltd., 19th
Edition, 2010.
13.
Process of economic growth. Challenge of economicgrowth. Foreign exchange rates and international financialsystem. Macroeconomics of an open economy.
Samuelson, A. P., Nordhaus,
D. W., Economics, McGraw-
Hill Education (UK) Ltd., 19th
Edition, 2010.
14.Unemployment and basics of aggregate supply. Ensuringprice stability.
Samuelson, A. P., Nordhaus,
D. W., Economics, McGraw-
Hill Education (uK) Ltd., 19th
Edition, 2010.
15.Conflicting macroeconomic schools. Economic policies forgrowth and stability.
Samuelson, A. P., Nordhaus,
D. W., Economics, McGraw-
Hill Education (UK) Ltd., 19th
Edition, 2010.
ExercisesNo. Date Title Literature
I
The central concepts of economics. Three problems ofeconomic organization. Technological possibilities ofsociety. Market. Trade, money and capital. Economic role ofthe state. Basic elements of supply and demand.
Polovina, S., Medii D. S.,
Osnove ekonomije: prirudnikza studij ekonomije (uz
udZbenik P. Samuelson-W.
Nordhaus, Ekonomija, 1 5.
izdanj e), Medinek, Zagreb,
2002.
2.Application of supply and demand. Demand and consumeibehavior. Geometrical analysis of consumer balance.
Polovina, S., Medii D. S.,
Osnove ekonomije: prirudnikza studij ekonomije (uz
udZbenik P. Samuelson-W.
Nordhaus, Ekonomija, I 5.
izdanje), Medinek, Zagreb,
2002.
-).
Production and organization of business. Analysis ofexpenditure. Production, expenditure theory, and businessdecisions.
Polovina, S., Medii D. S.,
Osnove ekonomije: prirudnikza studij ekonomije (uz
udZbenik P. Samuelson-W.
Nordhaus, Ekonomija, 15.
izdanj e), Medinek, Zagreb,
2002.
4.Analysis of perfect competition. Imperfect competition andmonopoly.
Polovina, S., Medi6 D. S.,
Osnove ekonomije: prirudnikza studij ekonomije (uz
udZbenik P. Samuelson-W.
Nordhaus, Ekonomija, I 5.
izdanj e), Medinek, Zagreb,
2002.
5.Oligopoly and monopolistic competition. Uncertainty andgame theory.
Polovina, S., Medi6 D. S.,
Osnove ekonomije: prirudnikza studij ekonomije (uz
udZbenik P. Samuelson-W.
Nordhaus, Ekonomija, 1 5.
izdanj e), Medinek, Zagreb,
2002.
6.How the market determines revenues. Labor market. Landand capital. Markets and economic efficiency.
Polovina, S., Medi6 D. S.,
Osnove ekonomije: prirudnikza studij ekonomije (uz
udZbenik P. Samuelson-W.
Nordhaus, Ekonomija, I 5.
izdanj e), Medinek, Zagreb,
2002.
7_Comparative advantages and protectionism. State taxationand expenditure.
Polovina, S., Medii D. S.,
Osnove ekonomije: prirudnikza studij ekonomije (uz
udZbenik P. Samuelson-W.
Nordhaus, Ekonomija, I 5.
izdanj e), Medinek, Zagr eb,
2002.
8.Promotion of efficient markets. Environmental protection.Effi ciency versus equal ity.
Polovina, S., Medii D. S.,
Osnove ekonomij e : prirudnikza studij ekonomije (uz
udZbenik P. Samuelson-W.
Nordhaus, Ekonomija, 1 5.
izdanl e), Medinek, Zagr eb,
2002.
9.Overview of macroeconomics. Measuring economicactivity.
Polovina, S., Medii D. S.,
Osnove ekonomije: prirudnikza studij ekonomije (uz
udZbenik P. Samuelson-W.
Nordhaus, Ekonomija, 1 5.
izdanje), Medinek, Zagreb,
2002.
10.Consumption and investments. Business fluctuations andaggregate demand theory. The multiplier model.
Polovina, S., Medi6 D. S.,
Osnove ekonomije: prirudnik
za studij ekonomije (uz
udZbenik P. Samuelson-W.
Nordhaus, Ekonomija, 15.
izdanje), Medinek, Zagr eb,
2002.
t1 Financial markets and the issue of monev.
Polovina, S., Medii D. S.,
Osnove ekonomije: prirudnik
za studij ekonomije (uz
udZbenik P. Samuelson-W.
Nordhaus, Ekonomija, 1 5.
izdanj e), Medinek, Zagr eb,
2002.
t2. Central banking and monetary policy
Polovina, S., Medi6 D. S.,
Osnove ekonomije: prirudnik
za studij ekonomije (uz
udZbenik P. Samuelson-W.
Nordhaus, Ekonomija, I 5.
izdanj e), Medinek, Zagr eb,
2002.
13.
Process of economic growth. Challenge of economicgrowth. Foreign exchange rates and international financialsystem. Macroeconomics of an open economy.
Polovina, S., Medi6 D. S.,
Osnove ekonomije: prirudnik
za studij ekonomije (uz
udZbenik P. Samuelson-W.
Nordhaus, Ekonomija, 15.
izdanje), Medinek, Zagreb,
2002.
14.Unemployment and basics of aggregate supply. Ensuringprice stability.
Polovina, S., Medii D. S.,
Osnove ekonomije: prirudnik
za studij ekonomije (uz
udZbenik P. Samuelson-W.
Nordhaus, Ekonomija, 1 5.
izdanj e), Medinek, Zagreb,
2002.
15.Conflicting macroeconomic schools. Economic policies forgrowth and stability.
Polovina, S., Medi6 D. S.,
Osnove ekonomij e: prirudnik
za studij ekonomije (uz
udZbenik P. Samuelson-W.
Nordhaus, Ekonomija, 15.
izdanje), Medinek, Zagreb,
2002.
Teacher:
Mladen Rajko, D.Sc.