Credits: 6

Schedule: 24.02.2020 - 09.04.2020

Teacher in charge (valid 01.08.2018-31.07.2020): 

Matti Liski

Teaching Period (valid 01.08.2018-31.07.2020): 

IV Autumn (2019-2020)

Learning Outcomes (valid 01.08.2018-31.07.2020): 

After this course, the student will be able to identify and analyze ethical, social, environmental, and international issues in the field of economics.

Content (valid 01.08.2018-31.07.2020): 

The course covers a selection of important societal challenges such as the causes and consequences of economic inequality, economics of an aging population, economic effects of immigration, climate change, trade wars, and political economy of polarization.

Assessment Methods and Criteria (valid 01.08.2018-31.07.2020): 

Final examination, problem sets, reading assignments.

Elaboration of the evaluation criteria and methods, and acquainting students with the evaluation (applies in this implementation): 

Grade structure: (i) Final exam (60%), (ii) reading assignments (15%), (iii) problem sets (15%), (iv) class contribution (10%). 

 Course policies: 

 Problem sets: three sessions with the teaching assistants as the instructor. Participation in sessions is voluntary but highly recommended. The assignments can be submitted online.

Reading assignments: 4-5 readings in total, relating to the lecture topics. Assignment is to read the text and produce a short analysis of the topic, to be submitted online. Reflections on the material rather than reviews. 

Class participation is voluntary but participation in predetermined class-room activity is rewarded in grading. For example, if there is a reading assignment for the lecture, presentations of the assignment constitute such activity. Or, there can be a quiz on the assignment. A student whose class contribution is excellent is someone who contributes consistently to class discussion in a balanced and relevant manner allowing room for others’ input as well. The student indicates thorough preparation and analytic insight and consistently builds on the thinking of others integrating that thinking into own contributions to produce a more complete understanding of the issues being discussed. The student’s responses when cold called are also of high quality.

Workload (valid 01.08.2018-31.07.2020): 

Lectures, exercises, assignments and independent work. Total 160h.

Study Material (valid 01.08.2018-31.07.2020): 

Core project: The Economy and additional reading materials

Prerequisites (valid 01.08.2018-31.07.2020): 

31A00110 Taloustieteen perusteet or ECON-A2100 Principles of Economics
I and ECON-A2200 Principles of Economics II or equivalent studies

Grading Scale (valid 01.08.2018-31.07.2020): 


Registration for Courses (valid 01.08.2018-31.07.2020): 

via WebOodi

Further Information (valid 01.08.2018-31.07.2020): 

A maximum of 60 students can be accepted to the course. Priority is given to:
1. Students in BSc programme in Economics (quota 40 students)
2. Students in BSc programme in Science and Technology and Students
in BSc programme in Design (quota 5 students)
3. Other Aalto students (quota 15 students)
In each quota students are selected in the order of enrollment. If a given quota
is not filled, more students from other quotas can be accepted to the course.


Registration and further information