Starfsfólk VÍ
Fréttir frá alþjóðasamstarfinu
Komdu í heimsókn á bókasafnið
Fjarnám
This course introduces the topics of economics, scarcity and choices, supply and demand. Students study a different kind of elasticity and its applications. Other topics include consumer choices, budget constraint, indifference curves, income and substitution effects as well as consumer surplus, producer surplus and total surplus, as well as market efficiency. Moreover, students are introduced to government policies, control on prices, taxes and subsidies. Student evaluation consists mostly of tests but also on assignments.