The course treats supply and demand, equilibrium prices, price regulations, elasticity, utility theory and consumers' choice including decisions under uncertainty, insurance demand, production decisions of companies under perfect competition, monopoly and imperfect competition, general equilibrium, efficiency and allocation, taxes and public consumption, national accounting, aggregated demand, multiplier and accelerator effects, monetary and central bank policies, inflation, unemployment and fiscal policy, international trade, balance of payments, exchange rates.
SF2965 Economics, Basic Course 7.5 credits
This course has been discontinued.
Decision to discontinue this course:
No information inserted
Information per course offering
Course offerings are missing for current or upcoming semesters.
Course syllabus as PDF
Please note: all information from the Course syllabus is available on this page in an accessible format.
Course syllabus SF2965 (Autumn 2007–)Headings with content from the Course syllabus SF2965 (Autumn 2007–) are denoted with an asterisk ( )
Content and learning outcomes
Course contents
Intended learning outcomes
To pass the course, the student should be able to do the following:
- explain central micro and macro economic concepts and theories
- apply economic theory on simple national economic problems, especially connected to insurances
To receive the highest grade, the student should in addition be able to do the following:
- Combine all the concepts and methods mentioned above in order to solve more complex problems.
Literature and preparations
Specific prerequisites
SF1906 Mathematical statistics or equivalent. Basic courses in differential and integral calculus. Basic course in linear algebra.
Literature
You can find information about course literature either in the course memo for the course offering or in the course room in Canvas.
Examination and completion
Grading scale
A, B, C, D, E, FX, F
Examination
- TEN1 - Examination, 7.5 credits, grading scale: A, B, C, D, E, FX, F
Based on recommendation from KTH’s coordinator for disabilities, the examiner will decide how to adapt an examination for students with documented disability.
The examiner may apply another examination format when re-examining individual students.
If the course is discontinued, students may request to be examined during the following two academic years.
Other requirements for final grade
Written exam.
Examiner
No information inserted
Ethical approach
- All members of a group are responsible for the group's work.
- In any assessment, every student shall honestly disclose any help received and sources used.
- In an oral assessment, every student shall be able to present and answer questions about the entire assignment and solution.
Further information
Course room in Canvas
Registered students find further information about the implementation of the course in the course room in Canvas. A link to the course room can be found under the tab Studies in the Personal menu at the start of the course.
Offered by
Education cycle
Second cycle