Economics is defined as "the study of the production, distribution and consumption of goods and services in human society" in the Economist's Dictionary of Economics. The objective is to explain how economies work and how economic agents interact. Simply put, economics is the study of how people choose to use resources including, but not limited to the time, the land, buildings, equipment and the knowledge. It has unique methods for analyzing and predicting individual behavior, along with the effects of institutions such as firms and governments, or clubs and religions.
Economics is divided into two main branches; microeconomics and macroeconomics. Microeconomics looks into the behavior of basic elements in the economy, including individual markets and agents (such as consumers and firms, buyers and sellers). For instance, how the change of the price of a good would influence a family's purchasing decisions would be of interest to microeconomics. Macroeconomics, on the other hand, examines the sum total of the decisions made by individuals in a society. Hence it looks into issues affecting an entire economy such as unemployment, inflation, economic growth, and monetary and fiscal policy. As such, how a change in interest rates would influence national savings would be an issue of interest for macroeconomics.
Choosing to study the AAT Accounting Qualification with ICS will start you on the path to a successful accounting and finance career. Our combined AAT Level 2 Certificate & Level 3 Diploma in Accounting allows you to study the first two AAT qualification levels in one affordable package.
In the global economy of the 21st century, Brazil, Russia, India, and China (BRIC) are suddenly emerging as major players, shaking up the existing order, and generating waves of uncertainty around the world. Will the U.S., Japan, and Europe be surpassed by these new economic powers? How did these countries achieve their success? Will that success last? What lessons can be learned from their strategies? And how will the world be reshaped by their emergence?
Get ready for the best summer ever! The six-week Summer Programme in European Studies (SES) offers you a great European experience while earning credits towards your major. Choose from eight courses and two academic study trips (of 10 or 16 days) taught in English and offered by the Center for European Studies (CES) at Maastricht University, one of the highest-ranking universities in the Netherlands. Course topics fit most majors and have a distinct European or international theme.
CEMFI Summer School was created in 1997. Its aim is to provide practitioners and academics from all over the world with an opportunity to update their training in fields within CEMFI's range of expertise. Several different and independent one-week courses are taught each year, during the last weeks of August and the first weeks of September.
This is the first course of the track "Entrepreneurial Side of Business". Prof. Venter not only teaches students about the theory of entrepreneurship but actually engages students in the practical side of being an entrepreneur.
The online Financial Crimes Investigator Certificate blends criminal justice with forensic accounting, giving you the skills to successfully identify and stem the tide of small financial crimes in your workplace before it becomes a tsunami. You will receive college credit for this six-course certificate.
This course will introduce you to a variety of factors contributing to the increase in intercultural exchanges. The course will particularly focus on how global companies face different intercultural challenges. Representatives from global companies will be invited to present their intercultural challenges and discuss solutions with you. You will also be working on a project based on authentic case studies of intercultural challenges to present for final assessment.
This course introduces you to the different internal and external elements of a business, helping you to understand the context in which a business operates. It explores common aims and characteristics of business and what makes them different. Business structures, cultures and functions are identified and the political, social, economic, technological and ethical considerations affecting business are introduced.
This interactive course offers a two-week introduction to Europe, with a strong focus on economic, political and business developments. Several prominent guest speakers from different disciplines will give their views on the past, present and future of the European Union (EU). In interactive sessions they will discuss theories and thoughts about the financial crisis, global shift, knowledge economy & innovation, sustainable banking, political context, public affairs, decision-making processes, European business and regional cooperation.
In February 2009, the OECD steering group on Corporate Governance concluded that the financial crisis could in part be attributed to failures and weaknesses in corporate governance arrangements. This inspired (semi-) self regulating bodies, governments, the EU and organisations like the OECD to take initiatives to stimulate boards and shareholders to pursue a long term strategy. The question remains, however, whether this will work out and prevent short-termism and excessive risk taking and, if not, what else can be done? This central question will be dealt with in this course from both an economic and legal perspective.
This course deals with the highlights of Law & Economics and Europe. In the first part of this course the effects of European Competition Law on the economy are discussed. In the second part of this course the effects of Financial Law on the (European) Economy and the Eurocrisis are discussed. In both weeks students are asked to formulate sustainable solutions for current issues in the domain of European Law and Economics.
This course provides an intensive programme covering the following topics: concepts in pharmacoeconomics, pharmacoeconomics and regulatory, transferability of pharmacoeconomic data, the possibilities and limitations of pharmacoeconomics, experiences in HTA around the world. The course is presented in a mix of lectures and exercises.