Microeconomics - The initial part, serving as an introduction to studying economics at the same time, concentrates on defining the subject of economics and methods, characteristics and functions of economy. The course's central point lies in an analysis of market mechanism function, and behaviour of consumers and firms in the market environment. Explanation will be provided for conditions of creation of balance between a firm and the market in various market situations and the basic context of balancing the production factors markets. Macroeconomics deals with measuring national economy performance, problems connected with economic equilibrium, and causes and manifestations of cyclical oscillations. The following part of the course explains the nature of money, structure of the banking system and basic conditions of inflation. It explains the economic function of the state, targets and instruments of economic policy, basic context of monetary policy, fiscal policy, external business and incomes policy.