Introduction to ECONOMICS Prof.Dr. Rumen Gechev & Asst

Fall 2011
Lectures: Tuesday
17.45 – 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
11. Society and Economy. Sustainable
12. Revision
Lectures/Presentations: downloadable at
Учебни материали – Въведение в Икономикс
John Sloman. ECONOMICS , 6th Edition, 2006, USA:
Prentice Hall
Michael Parkin, Melanie Powell and Kent Mathews.
ECONOMICS, 4th Edition, 2000, UK: Pearson
David Begg, Stanley Fischer and Rudiger Dornbush.
ECONOMICS, 7th 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