General description |
This subject is part of the basic training subjects in the first year of the Bachelor's Degree in Law. It is situated in the first four-month period and consists of six ECTS credits (6 ECTS).
It is considered a basic subject because it covers the fundamental concepts of economics and national accounting. These concepts are useful not only for law students as such, but also as citizens who carry out economic activities in their daily lives (consume, invest, receive public subsidies, pay taxes and make many other economic decisions).
Bearing in mind that knowledge of the subject is a fundamental part of any economic-financial, business, social, legal or political activity, the subject is necessary and essential within the context of the Bachelor's Degree in Law.
This course is structured so as to be as easy as possible to introduce students to basic concepts and tools of economics. The main characteristics of this course relies on clarity and simplicity, taking into account the necessary rigorously providing students a logical structure and strong based knowledge of the subject of Economy, that we understand as fundamental importance for their university education.
Behind or in front of every social phenomenon, there is a background or an economic aspect. The conventional economics approach focuses on economic incentives to rational agents. Although there are other approaches, such as Marxist or Institutional Economics, in this course we focus on understanding the basic principles of economic science as they relate to private incentives to rational agents, supply and demand, and market equilibrium. At the same time, it is intended to provide a methodological apparatus to help reasoning in economic terms, including some graphical tools.
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