860-0007-00L  Principles of Economics

SemesterAutumn Semester 2018
LecturersS. Sarferaz, J.‑P. Nicolai
Periodicityyearly recurring course
Language of instructionEnglish
CommentOnly for Science, Technology, and Policy MSc and MAS.


860-0007-00 VPrinciples of Economics Special students and auditors need a special permission from the lecturers.2 hrs
Tue13:15-15:00UNO B 11 »
S. Sarferaz, J.‑P. Nicolai

Catalogue data

AbstractThis course is an introduction to the study of economics. Students will learn about the economic way of thinking, the functioning of a market economy, as well as the potentials and limitations of economic policies to govern the behavior of individuals and the economy. The course is divided into two parts, the first covering microeconomic analysis, and the second on macroeconomics.
ObjectiveThe first part of the course focuses on microeconomic analysis, including the behavior of individuals and firms, supply and demand analysis, and market failures. Students will also be introduced to the use of microeconomic thought to influence the behavior of individuals and firms and to address market failures.
The second part focuses on macroeconomic concepts, including national production, employment, inflation, and growth theories. Students will then learn about macroeconomic policies, such as monetary and fiscal policy, often used to stabilize short-run economic fluctuations.
Lecture notesLecture slides will be made available by email or via course website.
LiteratureMankiw, N. G. and Taylor, M. P. (2014), Economics, Cengage Learning, 3rd Edition.

Performance assessment

Performance assessment information (valid until the course unit is held again)
Performance assessment as a semester course
ECTS credits3 credits
ExaminersS. Sarferaz, J.-P. Nicolai
Typegraded semester performance
Language of examinationEnglish
RepetitionRepetition only possible after re-enrolling for the course unit.

Learning materials

No public learning materials available.
Only public learning materials are listed.


No information on groups available.


General : Special students and auditors need a special permission from the lecturers
PriorityRegistration for the course unit is only possible for the primary target group
Primary target groupScience, Technology and Policy MSc (860000)
MAS ETH in Science, Technology and Policy (869000)

Offered in

MAS in Science, Technology and PolicyCore CoursesOInformation
Science, Technology, and Policy MasterCore CoursesOInformation