The Foundations of the Market Economy

Education facts

Code: 770G39

<p>The course provides an introduction to economics. You get to know basic economic problems and models and learn to think like an economist about managing limited resources. The starting point will be the market model that shows how price and quantity are determined under specific conditions. During the course, you will gain knowledge about how individuals and companies make decisions based on their budget, perceived benefit, and production size. You gain an understanding of concepts such as opportunity cost, marginal product, sunk cost, price sensitivity, GDP, and inflation. You will gain an increased understanding of how the goods market and the labour market work, as well as how the economy in a country looks.</p>

Entry requirements

General entry requirements for undergraduate studies and Mathematics corresponding to the level in Swedish upper secondary education (Matematik 3b/3c or Matematik C or Matematik fortsättning nivå 1b or Matematik fortsättning nivå 1c).

Education offerings

Each offering has its own dates and conditions. Closed offerings are retained as history and do not mean that a new application is open.

• The Foundations of the Market Economy

  Linköping University

  Start date: 17 August 2026

  End date: 20 September 2026

  Pace of study: 100 %