Course code Ekon2107
Credit points 2.25
Theory of Economics
Total Hours in Course60
Number of hours for lectures16
Number of hours for seminars and practical classes8
Date of course confirmation22.11.2011
Responsible UnitInstitute of Economics and Finance
Course developers
Dina Popluga
Dr. oec.
Aija Eglīte
Dr. oec.
Course abstract
The aim of course is, by acquiring theoretical basics and economical regularity as in micro, as in macro economical level, to understand its practical opportunity to use it. The course also facilitates an understanding of efficient use of resources and the conditions of resource’s market. As well as it gives understanding of macro economical relationship and tendencies in Latvia economy.
Learning outcomes and their assessment
Knowledge – the ability to demonstrate comprehensive knowledge of theoretical and practical principles and regularities of micro- and macroeconomics; ability to understand consumer’s and producer’s market behavior motivation; the ability to critically evaluate different views of the Latvian economic situation. Skills – to understand the economic regularities, basic principles of economic systems and action of market mechanism; to plan efficient use of resources according to production capacity in market conditions; to make independent conclusions of the Latvia economic development and growth opportunities. Competence – ability to acquire, filter and analyze economic information that is necessary for the development of conceptual proposals for achieving goals of the economic growth and employment promotion.
Compulsory reading
1. Nešpors V. Mikroekonomikas teorijas pamati. Rīga : RTU, 2010. 254 lpp.
2. Šenfelde M. Makroekonomika. 3. izd. Rīga: RTU, 2009. 242 lpp.
3. Gods U. Mikroekonomika. Rīga: Biznesa augstskola Turība, 2008. 432 lpp.
4. Libermanis G. Makroekonomikas pamatrādītāji. Rīga: Jumi, 2007. 181 lpp.
Further reading
1. Olney M. L. Macroeconomics as a Second Language. Hoboken: John Wiley & Sons, Inc., 2011. 334 p.
2. Plotkāns A. Cita ekonomika. Rīga: SIA Dienas Grāmata, 2010. 192 lpp.
3. Bikse V. Ekonomika un bankas. Rīga: Latvijas Komercbanku asociācijas Konsultāciju un mācību centrs, 2009. 225 lpp.
Periodicals and other sources
1. Dienas Bizness: nedēļas laikraksts: Latvijas biznesa avīze. Rīga: Diena: Dagens Industri, 2005-. ISSN 1407-2041.
2. Kapitāls: žurnāls lietišķiem cilvēkiem: krāsains biznesa un ekonomikas žurnāls. Rīga: Lietišķās informācijas dienests. ISSN 1407-2505.
3. Latvija. Ziņojums par Latvijas tautsaimniecības attīstību. Latvijas Republikas Ekonomikas ministrija. Rīga: LR Ekonomikas ministrija. ISSN 1407-4095.