Course Content (Syllabus)
Introduction to economic science. The economic problem. The economic circuit. Inflows and outflows. Microeconomics and macroeconomics.
The law of demand and its determinants. Elasticity of demand. The law of supply and its determinants. Elasticity of supply.
Production costs. The market equilibrium. The state intervention in the market. The calculation of earnings.
Market forms. Perfect competition, monopolistic competition. oligopoly, monopoly.
Gross national product. Economic development. Investments.
Financial system and the functioning of banks.
Unemployment and inflation, types and ways of fighting.
Public finance, revenue and expenses. Budget.
Economy, external uneconomic, economic crises, pension, distribution of income.
International economics, international trade.