SOCIAL ECONOMICS – PROGRAMME SUBJECT IN PROGRAMMES FOR SPECIALIZATION IN GENERAL STUDIES (SOK1-01)

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Social economics 2

Market theory

The aims of the training are to enable the apprentice to
  • 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

The aims of the training are to enable the apprentice to
  • 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

The aims of the training are to enable the apprentice to
  • 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

The aims of the training are to enable the apprentice to
  • 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

The aims of the training are to enable the apprentice to
  • 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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