Business Economics 2600-ERSM1BE
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.
Type of course
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.
Additional information
Additional information (registration calendar, class conductors, localization and schedules of classes), might be available in the USOSweb system: