AEP-10303 Introduction Economics

Course

Credits 3.00

Teaching methodContact hours
Lecture10
Group work13
Independent study0
Course coordinator(s)dr. E Gehrke
Lecturer(s)dr. R Sparrow
dr. E Gehrke
Examiner(s)dr. E Gehrke

Language of instruction:

EN

Contents:

This course provides a basic understanding of general economic principles . The course will focus on microeconomics, and in particular on producers' decision-making, pricing of products and production factors (land, water and labour). Applications will be derived from agricultural-, environmental and development economics, with examples pertaining to international land and water management. Some attention will also be given to macro economic factors and policies that influence agricultural production - e.g. trade, subsidies, taxation, etc.

Learning outcomes:

After successful completion of this course students are expected to be able to:
- interpret basic concepts in the field of economic growth;
- connect ecological and economic concepts;
- explain the functioning of markets and welfare concepts;
- analyse problems in land and water management using economic concepts;
- apply basic economic concepts to development issues.

Activities:

- lectures.

Examination:

Written exam with 10 open questions (100%).

Literature:

See course guide.

ProgrammePhaseSpecializationPeriod
Compulsory for: BILInternational Land and Water ManagementBSc2MO