Introduction structure of the course

Syllabus
1. Demand, supply and market price
2. The price mechanism and market failure
3. Some application of price theory
4. The basis of demand
5. The laws of returns
6. Perfect competition, imperfect competition, monopoly, price discrimination
7. National income and its measurement. Investments
8. Aggregate demand and aggregate supply
9. Money and the creation of bank deposits, monetary control
10. Inflation, value of money
11. Exchange rate systems
12. Public finance and taxation
13. Exam

Textbook
Rios, M. C., McConnell, C. R., & Brue, S. L. (2013). Economics: Principles, problems, and policies. McGraw-Hill.
Study Guide for Economics, Nineteenth Edition Campbell R. McConnell, Stanley L. Brue, Sean M. Flynn, and William B. Walstad
Students are responsible for chapters
1-7, 9-14, 15-17, 19-20, 26-37

Required reading
Besides the lectures and the homework, you will be supposed to read at least one of the chapters of the book each week (preferably more than one) so that at the end of the semester you finish reading all the required chapters and watching all the videos and have done all the homework.

Requirements to get the credits for the course
Attendance – 20% of the grade.
Final test (exam) - 80% of the grade