prospectus

Group2EconomicsADVANCED LEVELEconomics is the study of how bestto utilise scarce resources to achieveeconomic prosperity and wealth.It offers an insight into how pricesand output of goods and services aredetermined under different marketconditions. It examines how economiesare managed for achieving price stability,full employment, growth and higherstandard of living.At the end of the course, students areexpected to have the basic skills to analyseand interpret simple economic problemsand issues.INTERMEDIATE LEVELImportant detailsÜÜÜÜÜÜÜÜ5 hours of lectures per weekOne seminar and one tutorial per weekRegular assignmentsPrior knowledge of subject not requiredEconomics is an interesting subject thatdeals with real-life business issues.It offers an insight into how economicsystems function and how governmentsstrive to achieve price stability, fullemployment, economic growth anddevelopment, higher standards of livingand a fair distribution of income andwealth for their citizens.At the end of the course, students areexpected to have a basic understandingof how an economy works and be familiarwith the basic tools that are used to analyseand interpret simple problems and issues.Subject CoordinatorDr E. Azzopardi ernest.azzopardi@um.edu.mt www.jc.um.edu.mt/economicsImportant detailsÜÜÜÜÜÜ3 hours of lectures per weekRegular assignmentsPrior knowledge of subject not required34 35