Students gain insight in the economic theory, both macro- and micro-economic and international trade. More specifically, they learn to see into the market processes and to analyse the policy decisions within a formal context that is used by economists.
No specific previous knowledge needed.
See Teaching activities
Toledo / e-platform
Order of Enrolment
This course unit is a prerequisite for taking the following course units:
G0P19A : Economic Localization and Regional Development
Is also included in other courses
- Master of Geography (Professional Option) 120 ects.
- Master of Geography (Research Option) 120 ects.
- Bachelor of Biochemistry and Biotechnology (Minor Subject: Broadening) 180 ects.
- Bachelor of Physics (Minor Subject: Engineering) 180 ects.
- Bachelor of Geography 180 ects.
- Bachelor of Bioscience Engineering 180 ects.
- Bachelor of Chemistry (Minor Subject: Broadening) 180 ects.
- Bachelor of Chemistry (Minor Subject: Chemical Technology) 180 ects.
- Bachelor of Biology (Minor Subject: Biophysics and Bioscience Engineering) 180 ects.
Methodology of the economical sciences. Functioning of the markets and marketforms, supply and demand, consument behaviour, role of the government, companies and consuments, national income, inflation, devaluation, employment, economic growth and development, role of interest rate and monetary and fiscal policy, market failure, public goods, international trade and exchange, globalisation and poverty, need for agricultural policy, applications and examples from agriculture, food, forest, nature and bio production-industry.
Description of learning activities
The manual to be used will be announced on Toledo and in class.
The evaluation of the course 'Economics' consists of a written exam, closed book, multiple choice. Correction for guessing is applied while grading the exam. When not answering the question, one does not lose points.