Economics II - a subject offered in English 330-PS2-1EKO2#E

obligatory courses

Blended learning

The course assumes that students possess basic knowledge of economics at an introductory level, including familiarity with fundamental microeconomic and macroeconomic concepts such as supply and demand, market equilibrium, the basic functioning of households and firms, and a general understanding of the role of the state in the economy. Students are expected to demonstrate logical reasoning skills, the ability to analyze cause-and-effect relationships, and the capacity to interpret basic economic data. The course also assumes readiness to engage with economic texts and to participate actively in discussions on contemporary economic issues.

2EKO_WG1 The student demonstrates advanced knowledge and understanding of key concepts, categories, and theories developed within microeconomics and macroeconomics. (KP7_WG1)

2EKO_WG2 The student possesses advanced theoretical knowledge of the assumptions and principles underlying the functioning of selected economic systems in the contemporary world, as well as of the economic relationships between participants in the economic process. (KP7_WG4)

2EKO_WK1 The student possesses advanced theoretical knowledge of the economic determinants of the creation and development of various types of economic activity in both the public and private sectors. (KP7_WK2)

2EKO_UW1 The student is able, at an advanced level, to analyze and interpret the causes and course of specific microeconomic and macroeconomic processes and phenomena. (KP7_UW1)

2EKO_UW2 The student is able, at an advanced level, to appropriately forecast and model complex microeconomic and macroeconomic processes and phenomena, as well as to select and interpret macroeconomic and microeconomic data and, on this basis, conduct critical evaluation, analysis, and synthesis of specific economic processes and phenomena. (KP7_UW4)

2EKO_UO1 The student is able to independently and collaboratively solve specific problems in microeconomics and macroeconomics, including the use of selected methods and tools for collecting, processing, and presenting data relevant to these fields. (KP7_UO2)

2EKO_KK1 The student is ready to critically assess their knowledge of microeconomics and macroeconomics in the context of the dynamic nature of market and social processes occurring in the world. (KP7_KK1)

2EKO_KK2 The student is ready to critically evaluate their knowledge, skills, and acquired content in the field of microeconomics and macroeconomics in order to independently expand and improve their competencies. (KP7_KK5)

General conditions are specified in the Study Regulations of the University of Białystok (Resolution No. 3512 of the Senate of the University of Białystok of 16 April 2025 on the Study Regulations of the University of Białystok).

Lectures
The condition for passing the lectures is the achievement of the intended learning outcomes. The form of their assessment is a written examination.
Admission to the examination requires the achievement of the learning outcomes assigned to the classes (tutorials).
The examination is passed upon obtaining at least 51% of the total possible points.

Classes
The condition for passing the classes is the achievement of the intended learning outcomes. The forms of assessment include: a written midterm test (including both multiple-choice and open-ended questions), class participation, and individual and group work.
Passing the classes requires obtaining at least 51% of the total possible points.
Attendance in classes is mandatory.

In the preparation of written assignments, students may use artificial intelligence (AI) systems in accordance with the scope and rules specified in Ordinance No. 31 of the Rector of the University of Białystok of 11 April 2025 on the use of artificial intelligence systems in the educational process at the University of Białystok. The use of AI systems during the midterm test and the final examination is prohibited.

Compulsory literature:
1. N. G. Mankiw, Macroeconomics, Macmillan Education, New York 2016.
2. N.G. Mankiw, M.P. Taylor, Microeconomics, Cengage Learning EMEA, Andover 2017.
3. R. Dornbusch, S. Fischer, R. Startz, Macroeconomics, McGraw-Hill Education, New York 2018.
4. D. Begg, G. Vernasca, S. Fischer, R. Dornbusch, Economics, McGraw-Hill Education, New York 2014.

Additional literature:
1. O. Blanchard, D.R.Johnson, Macroeconomics, Pearson, cop., Harlow 2013.
2. M. Parkin Macroeconomics, Pearson Education,Boston 2010.
3. R. J. Rossana, Macroeconomics, Routledge, Taylor & Francis Group, London&New York 2011.
4. A.L. Hillman, Public finance and public policy, Cambridge University Press 2009.

Additional information (registration calendar, class conductors, localization and schedules of classes), might be available in the USOSweb system:

• Description of 330-PS2-1EKO2#E in USOSweb