| CODE | DST1009 | ||||||||||||
| TITLE | International Economic Theory | ||||||||||||
| UM LEVEL | 01 - Year 1 in Modular Undergraduate Course | ||||||||||||
| MQF LEVEL | 5 | ||||||||||||
| ECTS CREDITS | 8 | ||||||||||||
| DEPARTMENT | Diplomatic Studies | ||||||||||||
| DESCRIPTION | This study-unit aims to give the students an initial basic familiarity with economics; make them familiar with the way economists think and expose their positions on national and international issues; and enthuse students towards a critical assessment and absorption of media treatment of economic topics. Contents - Economics: Definitional and Area Coverage Issues - Scarcity, Choice, and the Economic Problem - Basic History of Economic Thought - Supply and Demand Analysis - Theory of Value and Cost - Theory of Production - Division of the Labour and Specialisation - Labour Markets - Land and Economic Rent - Capital - Enterprise - Markets: Competition and Monopoly - Size and Location of Firms - Business Organisation and Structure Literature - Samuelson, P.A. & W.D. Nordhaus. “Economics” (18th Ed.). McGraw Hill, 2004. - Other materials as recommended from time to time by Course Lecturer from professional journals and other media sources. |
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| STUDY-UNIT TYPE | Lecture | ||||||||||||
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The University makes every effort to ensure that the published Courses Plans, Programmes of Study and Study-Unit information are complete and up-to-date at the time of publication. The University reserves the right to make changes in case errors are detected after publication.
The availability of optional units may be subject to timetabling constraints. Units not attracting a sufficient number of registrations may be withdrawn without notice. It should be noted that all the information in the description above applies to study-units available during the academic year 2024/5. It may be subject to change in subsequent years. |
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