Study:	Tax - 1. semester
Code:	111414
ECTS:	6.0
Course coordinators:	prof. dr. sc. Ivana Bajakić prof. dr. sc. Ozren Pilipović prof. dr. sc. Nenad Rančić
Lecturers:	izv. prof. dr. sc. Ružica Šimić Banović - Lectures
Exam dates:	06. 04. 2023. 01. 06. 2023. 15. 06. 2023. 29. 06. 2023. 31. 08. 2023. 14. 09. 2023. Exam registration: Studomat

Literature:

Vranjican, S.,; Politička ekonomija; Pravni fakultet, Zagreb (2007), str. 1--110; 275.-306; 325.-360; 373.-379; 511.-556 Mankiw, G.,; Osnove ekonomije; MATE (2006), str. 3-59; 63-88; 113-133; 203-237; 267-288; 313-369; 479-495

Description:

The role of economic discipline, the origin of the name, the subject of political economy. History of Economic Thought. Economic process, microeconomics and macroeconomics, the production potential of society. Stage of the economic process of production. Production, production factors, the general theory of production. The human factor. Technical progress, the role of science. Technology development in Croatia. The development of the theory of entrepreneurship, contemporary theories of entrepreneurship, entrepreneurial risk. Misconceptions about the importance of entrepreneurship. Management or management, managerial functions. The organization and operation of businesses. Elements of the theory of costs. Measuring the results of economic activity. Gross domestic product, the method of measurement, international comparisons of macroeconomic aggregates. Reproduction of capital. Distribution. The circulation and reproduction of industrial capital. Equity trading and trading profit. Loan capital and interest. Rents, land prices, other forms of land rent. Share capital and dividends. The law of supply and demand. Market structure. The effectiveness of the market mechanism, government intervention. Theory of value. The development of metal and paper money, credit and monetary policy. International trade. Consumption, savings, consumer spending, economic investment, size of business investment, government consumption, government consumption structure. Economic development. Obstacles to economic development, transition economies and developing. National economy in regional and global environment. Globalization, regional integration processes.

Cognitive Skills:

KNOWLEDGE AND UNDERSTANDING

After successfully completing the course, students will be able to:

- define basic economic concepts;

- critically evaluate and recognise economic background of certain branches of law, connection between economy and law, the role of the state and market in economy, economic process, application of economic methods

- understand the connection between economy and law

 

ANALYSIS

After successfully completing the course, students will be able to:

- demonstrate the connection between legal institutions and economy, economic processes, different strategies of economic development, the role of the state and market in modern economy;

- analyse different forms of market structure

 

SYNTHESIS

After successfully completing the course, students will be able to:

- contruct the connection between certain branches of law and economy;

- formulate causes of economic successfulness;

- distinguish different forms of market structure;

- evaluate the role of economy in modern society;

- assess economies of other EU member states on the basis of adopted theoretical approaches.

 

 

Practical and Generic Skills:

After successfully mastering the course, students will be able to:

- publicly present learning outcomes;

- participate in a discussion in an argumented manner;

- develop communication skills;

- participate in team work.

Matching Assessments to Learning Outcomes:

- Classes in the course Introduction to Economy are conducted as a continuous and proactive learning process in which the emphasis is placed on interaction.

- In that manner a constant two-way communicatiuon is ensured, which stimulated students' engagement and permanent acquisition of learning outcomes.

- Apart from regular consultations with Chair members, student assistants are also available to students in all classes and seminars

- Modern audio-visual contents are used in class.

- Several times per semester guest lecturers are invited (renowned representatuves of academic, business, trade union community, or representatives of governmental and other institutions) in order to transfer current and practical knowledge to students and motivate their critical evaluation of events and active mastering- of learning materials.

Depending on time availability, visits to relevant institutions will be organised.

 

Examination, mid-term examinations and seminar

1. In accordance with the implementation of the Bologna process, students are monitored during the entire semester and there is apossibility for taking two mid-term examinations.

2. Obligatory written examination and optional oral examination

Written examination

Written examination consists of 5 questions of an essay type and the grading system is as follows:

0-2 insufficient (1)

2.5-3 sufficient (2)

3.5 good (3)

4-4.5 very good (4)

5 excellent (5)

Final grade

Final grade is the result of written and oral examination.

Consultations schedule:

• prof. dr. sc. Ivana Bajakić:

  Tuesday from 1.00 pm

  Location: Tkalčićeva 48-50
• prof. dr. sc. Ozren Pilipović:

  Thursday  12- 1 30 PM

  Location: Tkalčićeva 48-50, room Tkalčićeva 48-50
• prof. dr. sc. Nenad Rančić:

  Tuesday 1 PM

  Location: Tkalčićeva 48-50, room xx
• izv. prof. dr. sc. Ružica Šimić Banović:

  Mondays at 1 pm (in-person or online - upon e-mail request)

  Location: Tkalčićeva 48-50, room Tkalčićeva 48-50