Fall 2010 Lectures: Tuesday 09.00 – 10.30 2006. 1. The Nature of Economics and methodology of Research. 2. Division of Labor. Production possibilities.

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Fall 2010 Lectures: Tuesday –

1. The Nature of Economics and methodology of Research. 2. Division of Labor. Production possibilities and opportunity cost. 3. Comparative Economic Systems. 4. Market Mechanism: Individual and Aggregate Demand. 5. Market Mechanism: Individual and Aggregate Supply.

6. Price Elasticity of Demand and Supply. 7. Market Equilibrium and Disequilibrium. 8. Money and money supply. 9. Banking system. 10. Price system: How it functions and when it fails.

11. Firm’s Organization of the Market Economy. 12. Society and Economy. Sustainable Development. Revision Grade: A. Seminars – 50 % B. Final Exam (Test) – 50 %

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