The aim of studying and bibliography

The main aim of study: The main educational objective is to acquaint students with the basic economic categories, provide knowledge within the scope of the market mechanism functioning, especially market goods and services as well as production factors. Additionally, the student is to be familiarized with basic principles, theories and indicators in the macroeconomic system and the functioning of the economy within the short, medium and long-term periods, ways of preventing unemployment and inflation, the processes of economic growth as well as the economic cycles in contemporary economy.

The general information about the module: During the Economics course the student is to be familiarized with the basic terms in economics, types of economic systems, subjects, elements, the functioning of markets of goods and services, production factors, market structures and ways of measuring the scope of economic activity, fiscal and monetary politics as well as the phenomena of inflation, unemployment and economic development.

others: Akty prawne, Informacje GUS, Prasa ekonomiczna (Rzeczpospolita, Dziennik Gazeta Prawna, Ekonomista)

Bibliography required to complete the module

Bibliography used during lectures

1	Begg D., Vernasca G., Fischer S., Dornbusch R.	Ekonomia cz. 1 i 2, Mikroekonomia i makroekonomia	PWE, Warszawa.	2014
2	Marciniak S.	Makro i mikroekonomia. Podstawowe problemy współczesności	Wydawnictwo Naukowe PWN.	2013
3	Milewski R.	Elementarne zagadnienia ekonomii	Wydawnictwo Naukowe PWN, Warszawa.	2008

Bibliography used during classes/laboratories/others

1	Smith P, Begg D.	Ekonomia: zbiór zadań	PWE, Warszawa .	2001
2	Milewski R., Kwiatkowski E.	Podstawy ekonomii. Ćwiczenia i zadania	Wydawnictwo PWN.	2012

Basic requirements in category knowledge/skills/social competences

Formal requirements: The student satisfies the formal requirements set out in the study regulations

Basic requirements in category knowledge: Student should possess knowledge concerning the organization of State, system of World economic powers and characteristic periods in the history of mankind

Basic requirements in category skills: Student should be able to solve equations and sets of equations, calculate shares and percentage changes, identify and describe relations between variables

Basic requirements in category social competences: Student understands the need for constant development which not only involves studies associated with the chosen major but also those within the scope of civic studies all in order to apply the acquir

Module outcomes

MEK	The student who completed the module	Types of classes / teaching methods leading to achieving a given outcome of teaching	Methods of verifying every mentioned outcome of teaching	Relationships with KEK	Relationships with PRK
01	Knows basic economic categories	lecture	exam – written part, credit - written part	K_U16+ K_K01++	P7S_KK P7S_UU P7S_UW
02	Knows decision-making conditions of basic microeconomic subjects and understands basic macroeconomic processes	lecture, problem lecture, accounting tasks	exam – written part, credit - written part	K_K02++ K_K06+	P7S_KK P7S_KO P7S_KR
03	Knows the functioning principles of various market forms	Problem lecture, accounting tasks	exam – written part, credit - written part	K_K01+ K_K02+	P7S_KK P7S_KO
04	Possesses basic knowledge concerning the objectives and instruments of economic politics	lecture	exam – written part, credit - written part	K_W09+ K_K01+ K_K02++ K_K04+ K_K06+	P7S_KK P7S_KO P7S_KR P7S_WG

Attention: Depending on the epidemic situation, verification of the achieved learning outcomes specified in the study program, in particular credits and examinations at the end of specific classes, can be implemented remotely (real-time meetings).

The syllabus of the module

Sem.	TK	The content	realized in	MEK
2	TK01	Economics as a science	W01-02	MEK01
2	TK02	Types of economic systems	W03-04	MEK02 MEK04
2	TK03	Basic subjects in market economy	W05-06	MEK01 MEK02
2	TK04	Demand and supply and conditioning factors	W07-08	MEK01 MEK02
2	TK05	Product and cost analysis of an Enterprise	W09-10	MEK01 MEK02
2	TK06	Types of market structures	W11-12	MEK01 MEK03
2	TK07	National Product measurement	W13-14	MEK01 MEK04
2	TK08	Circular flow of product and income in the economy	W15-16	MEK01 MEK04
2	TK09	Demand determinants of national income	W17-18	MEK01 MEK04
2	TK10	Monetary and credit system	W19-20	MEK01 MEK04
2	TK11	Unemployment as a basic economic problem	W21-22	MEK01 MEK04
2	TK12	Inflation in market economy	W23-24	MEK01 MEK04
2	TK13	Cyclical economic growth	W25-26	MEK01 MEK04
2	TK14	Significance of fiscal and monetary politics in national economy	W27-28	MEK01 MEK04
2	TK15	International trade – determinants and significance	W29-30	MEK01 MEK04
2	TK16	Market, its elements and functioning mechanisms	C01-02	MEK02
2	TK17	Basis for consumer/producer economic decisions	C03-04	MEK02
2	TK18	Forms of market organization (perfect competition, monopoly, monopolistic competition, oligopoly, duopoly)	C05-08	MEK02 MEK03
2	TK19	Markets of production factors	C09-12	MEK02 MEK03
2	TK20	National income account vs. economic development and cycle	C13-16	MEK04
2	TK21	Labor market and unemployment	C17-18	MEK04
2	TK22	Basics of monetary politics	C19-20	MEK04
2	TK23	Notion, measures, types, theories and effects of inflation; methods of suppression	C21-24	MEK04
2	TK24	Economic politics of State in closed and open economies	C25-30	MEK04

The student's effort

The type of classes	The work before classes	The participation in classes	The work after classes
Lecture (sem. 2)	The preparation for a test: 10.00 hours/sem.	contact hours: 30.00 hours/sem.	complementing/reading through notes: 10.00 hours/sem. Studying the recommended bibliography: 10.00 hours/sem.
Class (sem. 2)	The preparation for a Class: 10.00 hours/sem. The preparation for a test: 10.00 hours/sem.	contact hours: 30.00 hours/sem.	Finishing/Studying tasks: 10.00 hours/sem.
Advice (sem. 2)	The preparation for Advice: 2.00 hours/sem.	The participation in Advice: 1.00 hours/sem.
Exam (sem. 2)	The preparation for an Exam: 20.00 hours/sem.	The written exam: 2.00 hours/sem.

The way of giving the component module grades and the final grade

The type of classes	The way of giving the final grade
Lecture	Requirements to receive a credit for lectures: written form of the test; maximum of points 100-86,5%; grading- 100 - 86,5% 5,0; 86-71,5% - 4,5; 71-57,5% - 4,0; 57-42,5% - 3,5; 42-30% - 3,0
Class	Requirements to receive a credit for activities: written form of the test. Presence, participation and prepared presentation will also be taken into consideration. All points will be summed up and calculated into the final grade. Maximum of points 100%-86,5%; grading - 100-86,5% 5,0; 86-71,5% - 4,5; 71-57,5% - 4,0; 57-42,5% - 3,5; 42-30% - 3,0
The final grade	Final grade for activities and lectures will have an assigned weight of 0,5. Weights will be multiplied by final grades and summed up. If the sum falls between 5-4,6 student will receive grade 5,0; subsequently 4,59-4,2 - 4,5; 4,19-3,6 - 4,0; 3,59-3,2 - 3,5; 3,19-3 - 3,0. Additionally, positive mark as a credit for both forms of the course is a condition to receive the final grade. In case of a negative mark students receive a credit for the course by taking up an oral form of test.

Sample problems

Required during the exam/when receiving the credit
(-)

Realized during classes/laboratories/projects
(-)

Others
(-)

Can a student use any teaching aids during the exam/when receiving the credit : no

The contents of the module are associated with the research profile: no