Applied Economics

Introduction

Studying economics helps us to understand the world we live in. It's about understanding people, businesses, markets, and authorities. Based on this knowledge, students will be better equipped to respond to the challenges and opportunities that arise when fundamental conditions in society and markets change. Through economics, students acquire a methodology for problem-solving and analytical skills that enable them to succeed within a wide range of career paths. Examples include public administration, politics, policy analysis, health administration, entrepreneurship, market analysis, journalism, and unknown future careers.

The course builds on CORE ECON (Curriculum Open-Access Resources in Economics), which is a large international network of researchers and lecturers with a vision that knowledge of economics can contribute to a more just, sustainable, and democratic world.

Course content

- Strategic interaction and social dilemmas

- Social preferences and cooperation

- Negotiations and coordination Institutions and power

- Efficiency and distribution

- Externalities and solutions to external problems

- Public goods and asymmetric information

- Economic growth and fluctuations

- Spill-over effects and fiscal policy Public debt Inflation – causes and consequences

- Monetary policy