Innovation economics and policy IS-FM-00071

Description:
Introduction to Microeconomics, Market (supply, demand, equilibrium, minimal and maximal price, elasticity), Consumer (budget constraints, preferences), Producer (enterprise, costs, revenue, profits), Innovations in the entrepreneurship process.
National income (GDP, GNP, final and intermediary goods, added value), Money market and monetary policy (functions of money, commercial banks, central bank, money creation, money aggregates, money supply and demand), Labour market and labour market policy (professionally active and inactive citizens, unemployment).

Requirements:
Homeworks' assessment, activity during classes, written test.