Subject · Economy

MicroeconomicsCLO↔PLO matrix

IF-2603y10 creditsSpring semesterMandatory2025-2026

CLO ↔ PLO matching table

How this subject's course outcomes map onto the programme's learning outcomes.

1 CLO × 12 PLO
Course outcomePLO 1PLO 2PLO 3PLO 4PLO 5PLO 6PLO 7PLO 8PLO 9PLO 10PLO 11PLO 12
CLO 1CLO-19233Foundations of microeconomic theory: • identifies and enumerates 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 individual consumer and firm behavior. applied analysis and market indicators: • applies microeconomic models to calculate market equilibrium, price elasticity, and the supply and demand responses of individual firms. diagnostics of firm and market behavior: • analyzes and compares firm behavior across different market structures, including perfect competition, oligopoly, and monopoly. the practical application of microeconomic models and the substantiation of decision-making: develops alternative decision options suitable for specific economic situations and correlates market conditions with theoretical models. policy interpretation and evaluation: • evaluates and justifies the outcomes of economic decisions in terms of market efficiency and social welfaredoes not matchdoes not matchdoes not matchdoes not matchdoes not matchdoes not matchdoes not matchdoes not matchdoes not matchdoes not matchdoes not matchdoes not match

Programme learning outcomes

  1. 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

  2. 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

  3. 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

  4. PLO 4

    Must be able to analyze processes in the financial and banking sphere and perform banking operations

    No contribution from this subject

  5. 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

  6. PLO 6

    He should be able to use natural resources and the environment effectively

    No contribution from this subject

  7. 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

  8. 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

  9. 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

  10. 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

  11. PLO 11

    Be able to communicate in at least 1 foreign language

    No contribution from this subject

  12. 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