Course Description:
This foundational course introduces students to the principles of microeconomics. It focuses on how individuals, households, and firms make decisions regarding resource allocation in a world of scarcity. Topics include supply and demand, market structures, consumer behaviour, production costs, and the role of government in market regulation.
Learning Outcomes:
- Understand basic microeconomic concepts and principles.
- Analyse supply and demand dynamics and their impact on market equilibrium.
- Evaluate the effects of government intervention on markets.
- Apply economic theories to real-world decision-making scenarios.
Course Description:
A continuation of Intro. to Economics I, this course focuses on macroeconomics. It explores economic systems at a national and global level, covering topics such as GDP, unemployment, inflation, fiscal and monetary policies, and international trade. Students will learn to analyse the economic performance of countries and the implications of global economic policies.
Learning Outcomes:
- Understand macroeconomic indicators and their significance.
- Analyse the role of fiscal and monetary policies in economic management.
- Evaluate the impact of international trade on domestic economies.
- Apply macroeconomic principles to assess national and global economic trends
Course Overview
This course introduces students to international business theories and their practical implementation at the graduate level. It covers essential topics, including regional and global strategies, multinational enterprises, international politics and culture, international trade, foreign direct investments, and international financial markets. Through case studies and analytical frameworks, students will gain a comprehensive understanding of the global business system, its evolution, and the interconnected factors shaping international commerce.
Course Objectives
- Introduce foundational theories and strategies of international business.
- Explore the roles of multinational enterprises in regional and global markets.
- Examine the impact of international politics, culture, and economics on business decisions.
- Provide insights into international trade, foreign investments, and financial markets.
- Highlight ethical considerations, sustainability, and governance in global business practices.
Learning Outcomes
By the end of this course, students will be able to:
- Understand the complexities of the global business environment.
- Identify and evaluate cross-cultural business dynamics and their implications.
- Gain insights into the economic development of nations and their role in global trade.
- Interpret and apply key theories of international trade and foreign investments.
- Understand the political economy of international trade and its influence on business strategies.
Module Overview
This module explores the principles and policies governing international trade and finance, providing students with a comprehensive understanding of global economic interactions. Topics include trade theories such as comparative advantage and the Heckscher-Ohlin model, as well as trade policies like tariffs and quotas. Students will examine exchange rate systems, balance of payments, and the dynamics of global trade agreements and regional integration (e.g., EU, NAFTA). The course also addresses the impact of globalization on economic development, focusing on international capital flows, foreign direct investment (FDI), and the role of international financial institutions in shaping global trade and finance.
Learning Outcomes
Upon completing this module, students will be able to:
- Understand and apply core theories of international trade, including comparative advantage and the Heckscher-Ohlin model.
- Analyse trade policies such as tariffs, quotas, and their effects on global markets.
- Evaluate the functioning of exchange rate systems and balance of payments in international finance.
- Assess the role of global trade agreements and regional economic integration in shaping trade dynamics.
- Examine the impact of globalization, international capital flows, and FDI on economic development.
Module Overview
This module provides an in-depth introduction to financial markets, instruments, and investment theories. Key topics include asset pricing models, risk and return analysis, portfolio theory, and the efficient market hypothesis. Students explore the role of financial intermediaries, derivatives, and market regulation, with a focus on their interaction with the macroeconomy. The module also examines financial crises, systemic risks, and their implications for global financial stability, equipping students with a comprehensive understanding of financial markets and investment decision-making.
Learning Outcomes
Upon completing this module, students will be able to:
- Understand the fundamental concepts of financial markets, instruments, and investment theories.
- Analyse asset pricing models and risk-return relationships in investment decisions.
- Apply portfolio theory and evaluate the implications of the efficient market hypothesis.
- Assess the role of financial intermediaries, derivatives, and regulatory frameworks in financial markets.
- Examine the interaction between financial markets and macroeconomic factors, including financial crises and systemic risks.
Course Description:
An exploration of monetary systems and banking operations, including money creation, the role of central banks, and monetary policy. The course highlights the impact of financial institutions on economic stability and growth.
Learning Outcomes:
- Explain the functions of money and the operation of monetary systems.
- Analyse the role of banks in financial intermediation.
- Assess the effects of monetary policy on economic stability.