CLO ↔ PLO matching table
How this subject's course outcomes map onto the programme's learning outcomes.
| Course outcome | PLO 1 | PLO 2 | PLO 3 | PLO 4 | PLO 5 | PLO 6 | PLO 7 | PLO 8 | PLO 9 | PLO 10 | PLO 11 | PLO 12 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CLO 1CLO-62174Basics of microeconomic theory: • defines and lists the fundamental concepts of microeconomics, market laws, and economic categories. model building and economic relations: • explains the mechanism of supply and demand, interprets market processes, and describes the behavior of individual consumers and firms. applied analysis and market indicators: • uses microeconomic models to calculate market equilibrium, price elasticity, and the responses of individual firms to changes in supply and demand. diagnostics of firm and market behavior: • analyzes and compares the behavior of firms in different market structures, including perfect competition, oligopoly, and monopoly. practical application of microeconomic models and justification of decisions: • develops alternative decision options for specific economic situations and relates market conditions to theoretical models. interpretation and evaluation of the policy: • evaluates and justifies the consequences of economic decisions in terms of market efficiency and social welfare. | does not match | does not match | does not match | does not match | does not match | does not match | does not match | does not match | does not match | does not match | does not match | does not match |
Programme learning outcomes
PLO 1
Having the ability of economic thinking and economic thinking, he should be able to analyze socio-economic events and processes of the national economy, regularities of economic relations, micro and macro processes
No contribution from this subject
PLO 2
Must have basic knowledge of management related to the specialty and be able to apply it in professional activity
No contribution from this subject
PLO 3
He is capable of comparative analysis of economic systems by understanding the fundamental theories and views of economic schools
No contribution from this subject
PLO 4
Must be able to analyze processes in the financial and banking sphere and perform banking operations
No contribution from this subject
PLO 5
He should be able to study, analyze and evaluate the role of the public sector in the economy, intersectoral economic relations and the characteristics of the labor market.
No contribution from this subject
PLO 6
He should be able to use natural resources and the environment effectively
No contribution from this subject
PLO 7
He should be able to analyze the processes of integration of the world economy by studying the international economy and the national economy
No contribution from this subject
PLO 8
Must know tax and customs legislation, be able to calculate liabilities for taxes and customs transactions and prepare relevant reports
No contribution from this subject
PLO 9
He should be able to use normative and legal documents related to the economy in his professional activity
No contribution from this subject
PLO 10
To form general understandings about the recent history of azerbaijan and to improve economics-based skills related to humanities by looking at recent history
No contribution from this subject
PLO 11
Be able to communicate in at least 1 foreign language
No contribution from this subject
PLO 12
By acquiring basic computer and basic mathematical knowledge, apply mathematical economic methods in the field of economics and be able to use computer technology effectively.
No contribution from this subject