An Introduction to Economics
Vrije Universiteit Amsterdam
Amsterdam, The Netherlands
Area of Study
Taught In English
Course Level Recommendations
ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.
Recommended U.S. Semester Credits3
Recommended U.S. Quarter Units4
Hours & Credits
This course will introduce you to the fundamentals and basic tools of economic analysis. It will teach you the perspective of the economist:
viewing reality as the result of choices and the trade-offs that these choices reflect (Academic Skills; Knowledge). In terms of Knowledge you will learn the basic theories and models of micro- and macroeconomics. You will also learn the basic analytical tools used in the analysis of economic data (Quantitative Skills). Finally, the course will introduce you to the most important nstitutions of the global economy. The course will also show you how the tools and theories can be applied to real life examples taken from the world economy. (Bridging Theory and Practice).
Topics to be discussed are:
- Consumers, sellers and Incentives;
- Perfect competition, Trade;
- Labor market/ human capital/unemployment;
- Economics of Information;
- Game theory/ Auctions;
- Economic Growth;
- Business Cycles;
- Credit Markets
TYPE OF ASSESSMENT
Written exam (MC) - Individual assessment
Courses and course hours of instruction are subject to change.
Some courses may require additional fees.