After completing this course you should
- understand demand and supply curves and be able to apply them to economic problems
- be aware of the potentials and risks of governmental intervention in price formation
- know the benefits and limitations of competition and understand different aspects of competition policy
- understand the role of governmentally imposed regulations which enable and restrict corporate activity

Introduction to the principles of economics
Production possibility frontier, trade
Markets with perfect competition, supply and demand
Price- and income elasticity
Consumer- and producer rent
Housing market, labour market, agricultural commodity market, taxes
Consumer decision and demand
Theory of production
Cost of production
Perfect competition
Monopoly, price discrimination
Externalities
Public goods and common resources
Introduction to game theory