SOCIAL ECONOMICS – PROGRAMME SUBJECT IN PROGRAMMES FOR SPECIALIZATION IN GENERAL STUDIES (SOK1-01)
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Social economics 2
Market theory
- give an account of the monopoly's adaptations to the market, and compare these with perfect competition
- explain the differences between social economics and business economic assessments
- describe the various kinds of price discrimination
- give an account of the various kinds of imperfect competition
- give an account of economic policies that promote free competition
- discuss the social economic effects of a policy that stimulates increased competition
Distribution of income and environmental problems
- elaborate on and discuss the relationship between economic activity and environmental problems
- discuss the many different opinions and concepts for sustainable development
- give an account of direct or indirect intervention applied to the market to prevent environmental damage, and to avoid overconsumption of resources
- elaborate on and discuss central economic problems associated with poor and rich countries, and discuss possible measures to be taken to counteract poverty within the international community
International economics
- explain the theories for why countries trade with one another
- give an account of free trade, protectionism and the various types of trade barriers and restrictions
- give an account of how the rate of exchange is decided on the foreign exchange market, and the consequences of changes to the exchange rate
- give an account of means that can be used by authorities to influence the rate of exchange
- give an account of the significance of international trade agreements
- elaborate on and discuss the most central economic problems associated with Norway's relationship to WTO and EU
- give an account of the significance of international financial markets for the economies of different countries
Economic growth
- give an account of possible causes of differences in economic growth between different countries
- give an account of means that can be used to achieve economic growth
- give an account of economic means that can stimulate the creation of new jobs
Unemployment and economic policy
- give an account of various theories for unemployment, and assess suitable of counteracting joblessness
- give an account of how monetary policy can influence the economy
- give an account of how fiscal policy can influence the economy
- give an account of current guidelines established for Norwegian economic policies that exist today
- elaborate on and discuss the most important economic challenges that Norway faces in its social welfare policies
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