Fall 2011 Lectures: Tuesday 17.45 – 19.15. 1. The Nature of Economics and methodology of Research. 2. Division of Labor. Production possibilities and.

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Fall 2011 Lectures: Tuesday – 19.15

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. Society and Economy. Sustainable Development. 12. Revision Lectures/Presentations: downloadable at Учебни материали – Въведение в Икономикс

John Sloman. ECONOMICS, 6 th Edition, 2006, USA: Prentice Hall Michael Parkin, Melanie Powell and Kent Mathews. ECONOMICS, 4 th Edition, 2000, UK: Pearson Education David Begg, Stanley Fischer and Rudiger Dornbush. ECONOMICS, 7 th Edition, 2003, USA: McGraw-Hill or any other Textbook in Economics for the tertiary education, published in the US or UK

A. Midterm (Oct.25th) 40 % B. Final Exam 60 % Both exams: Written Test – closed questions, open questions, calculations