1. Market and market mechanism.
2. Introduction into economics. Two contemporary macroeconomic approaches. Measuring aggregate economic activity and price level.
3. Determinantion of output in AS-AD model.
4. Money, its supply and multiplication process. Impact of central bank and commercial banks on the money supply. Money demand and its determination. Monetary policy theory.
5. Fiscal policy theory. Government budget deficit and debt.
6. Inflation and unemployment – their causes and effects. Relationship between inflation and unemployment.
7. Business cycle and macroeconomic fluctuations. Economic growth.
8. Balance of payments and exchange rate economics. Exchange rate policy and central bank interventions on the currency market. Monetary integration in Europe.
9. Theory of comparative and absolute advantages in international trade. Economic consequences of globalization in the world economy.
10. Introduction into microeconomics. Economic assumptions and context. Production factors, their scarcity, production possibility frontier, opportunity costs.
11. Demand theory. Cardinalist and ordinalist approach to consumer behaviour analysis.
12. Supply theory. Production function of the firm. The firm and its costs. Economic results of the firm (returns, profit, loss).
13. Firm behaviour in perfect competition and imperfect competition conditions. Economic sense of antitrust policy and regulation.
14. Labour market analysis and theory of human capital. Capital market analysis. Theory of capital investment.
15. Economic characteristics of public goods, of their production and consumption.
16. Market failure – economic inefficiency of externalities and ways of their internalization.
17. Distribution of income. Measurement of inequalities. Alternative approaches to economic equality and inequality problem.
2. Introduction into economics. Two contemporary macroeconomic approaches. Measuring aggregate economic activity and price level.
3. Determinantion of output in AS-AD model.
4. Money, its supply and multiplication process. Impact of central bank and commercial banks on the money supply. Money demand and its determination. Monetary policy theory.
5. Fiscal policy theory. Government budget deficit and debt.
6. Inflation and unemployment – their causes and effects. Relationship between inflation and unemployment.
7. Business cycle and macroeconomic fluctuations. Economic growth.
8. Balance of payments and exchange rate economics. Exchange rate policy and central bank interventions on the currency market. Monetary integration in Europe.
9. Theory of comparative and absolute advantages in international trade. Economic consequences of globalization in the world economy.
10. Introduction into microeconomics. Economic assumptions and context. Production factors, their scarcity, production possibility frontier, opportunity costs.
11. Demand theory. Cardinalist and ordinalist approach to consumer behaviour analysis.
12. Supply theory. Production function of the firm. The firm and its costs. Economic results of the firm (returns, profit, loss).
13. Firm behaviour in perfect competition and imperfect competition conditions. Economic sense of antitrust policy and regulation.
14. Labour market analysis and theory of human capital. Capital market analysis. Theory of capital investment.
15. Economic characteristics of public goods, of their production and consumption.
16. Market failure – economic inefficiency of externalities and ways of their internalization.
17. Distribution of income. Measurement of inequalities. Alternative approaches to economic equality and inequality problem.