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ECO 101 Introduction to Microeconomics and Macroeconomics
Syllabus
Full Course Title:
Introduction to Microeconomics and Macroeconomics
Uvod u Mikroekonomija i Makroekonomija
Course Code:
ECO 101
Course Level/BiH cycle:
I cycle, second year
ECTS credit value:
6 ECTS
Student work-load:
For the whole semester:
Length:
Lectures
Tutorial /
Practical training
e.g.
Project
e.g.
Internship
Individual
learning
TOTAL
15
30
10
/
95
150
One semester; spring 2013, 80 lectures and consultations hours
Faculty/School/Department: FBA
Course leader:
Dr. Agim Mamuti
Azra Bico
Contact details:
F3.18, amamuti@ius.edu.ba; agim.mamuti@yahoo.com 033 957 414, abico@ius.edu.ba 033
957 412 Office hours: Mon 14-15:00; Tues: 16-17:00; Fri 10-11:00
Course status:
Assessment:
obligatory
Activities, Homeworks
5%
Presentations
5%
Quizzes 4x5%
20%
Mid-term Exam
35%
Final Exam
35%
Course aims:




to introduce the main concepts and methods of micro and macroeconomics,
to introduce students with main questions micro and macroeconomics are concerned with,
to learn inter-relations between individual, national and world economy,
to understand the effects of government policies
Learning outcomes:
After finishing the course successfully, the IUS student shall have:





Ability to understand the basics of economy
Ability to understand movement in national as well as global economy
Ability to understand the economic press
Ability to understand the government policies
Ability to apply economics skills and reasoning to their future work, as well as everyday life
situation
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Indicative syllabus content:
What is economics about; Demand and Supply; Elasticity; Costs; Perfect and Imperfect
Competition; GDP and Economic Growth; Fiscal and Monetary Policy; etc.
Learning delivery:
The methods include lecturing (which may involve power point presentations, video and audio
aid), tutorials, student presentations, projects and class discussions.
Assessment Rationale:
While quizzes, tests and project assessment types are used for measuring self learning and
independent study skills; presentations and case analysis are utilized for measuring knowledge
usage. In multiple choice questions correct answers are valued, for problems correct answers
and procedures are valued, in essay section correct elaboration of question is valued. All
achievements over 55% are satisfactory passing.
Essential Reading:
Michael Parkin, Economics, 10e, Prentice Hall (2011) ISBN 13: 978 0 13 139465 0
Economics, 2006, by N.Gregory Mankiw and Mark P.Taylor, Thomson
Foundations of Economics, 4e, David Begg, March 2009
Economics for Business, 3e, David Begg & Damian Ward, November 2009
Important notes:
Expected workload:
Students of this class should read the chapter before they come into class. After the chapter is
covered they should solve the given exercises.
Attendance policy:
According to University regulations attendance is a mandatory.
Course Policies

Lateness in Assignments: The due date and time for each homework assignment will be
specified on the assignment handout itself. Late assignments will not be accepted.

Academic Integrity: Any cheating on examinations or quizzes or offering the work of
another as one's own in an assignment is regarded as a serious offence to the academic
integrity and will lead to a ZERO for the assignment grade, or serious disciplinary actions,
including possible suspension.

Collaboration in Assignments: Students are encouraged to work together on homework
assignments, to the extent that it helps promote a productive learning environment for
all those involved. However each student must write his/her own solutions. Students
cannot get any grade from copied homework
Quality assurance:
Student survey
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Course schedule:
Week Dates/2013
Topic
Relevant reading
Michael Parkin,
Economics, 10e
Michael Parkin,
Economics, 10e
Michael Parkin,
Economics, 10e
Michael Parkin,
Economics, 10e
Michael Parkin,
Economics, 10e
Michael Parkin,
Economics, 10e
Michael Parkin,
Economics, 10e
1
18.02-22.02
Chapter 1. What is Economics?
2
25.02-01.03
Chapter 2. Demand and Supply
3
04.03-08.03
Chapter 2. Demand and Supply
4
11.03-15.03
Chapter 4. Elasticity
5
18.03-22.03
Chapter 11. Output and Costs
6
25.03-29.03
Chapter 12. Perfect competition
7
01.04-05.04
Chapter 13. Monopoly, &
Chapter 15. Oligopoly
Assignments
Quiz 1
Quiz 2
(Imperfect competition)
8
08.04-12.04
Midterm Exam
9
15.04-19.04
Chapter 21. Measuring GDP and
Economic Growth
Michael Parkin,
Economics, 10e
10
22.04-26.04
Chapter 22. Monitoring Jobs and
Inflation
Michael Parkin,
Economics, 10e
11
29.04-03.05
Chapter 23. Economic Growth
Michael Parkin,
Economics, 10e
12
06.05-10.05
Chapter 25. Money, the Price Level,
and Inflation
Michael Parkin,
Economics, 10e
13
13.05-17.05
Chapter 26. Exchange rates and the
balance of payments
Michael Parkin,
Economics, 10e
14
20.05-24.05
Chapter 30. Fiscal Policy
Michael Parkin,
Economics, 10e
15
27.05-31.05
Chapter 31. Monetary Policy
Michael Parkin,
Economics, 10e
16
To be defined
Final Exam
Quiz 3
Quiz 4
NOTE: This syllabus is subject to change as deemed necessary by the instructor in coordination with
students.
NOTE: You are responsible for knowing the information provided in this syllabus.
GOOD LUCK TO EVERYBODY!!
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