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.
The European Business Summer School Program aims to develop the students' knowledge in European Business Environment and an understanding of the major challenges of sustainable development and corporate responsibility.
If you ask an entrepreneur what skills or knowledge have to be developed in their company, most entrepreneurs will answer “marketing”. However most marketing courses focus on the larger firms and the marketing strategies do not seem be applicable to smaller entrepreneurial firms with smaller budgets. The main theme during the course will be how small and medium sized firms (SMEs) can create competitive advantage with the limited marketing resources they possess.
De complete cyclus van negen master classes beslaat tien maanden. Deze master class is zowel te volgen als losse master class of als onderdeel van het diploma programma 'Master Class Cyclus Leiderschap en Management voor Executives'.
The course will focus on the construction of investment portfolios. For people who work in the financial world understanding the concepts of risk en return is very important. The characteristics of individual investments will be studied. Also the analysis of overall portfolio risk will be a point of focus. Modern derivative securities can be important tools to manage the risk. Apart from that, attention will be given to individual and collective psychological factors to explain the price movements in financial markets.
Deze master class is zowel te volgen als losse master class of als onderdeel van het diploma programma 'Master Class Cyclus Leiderschap en Management voor Executives'. De complete cyclus van negen master classes beslaat tien maanden.
The ISM Summer University in the Baltics will take place from the 2nd of July to the 20th of July 2012 (3 weeks) and will enable undergraduate students to study during the best time of the year in one the fastest changing regions of Europe.
This course deals with the effects of European Competition Law on the behaviour of businesses in EU countries. An effective common market within the EU requires fair and undistorted competition. Hence the Treaty on the Functioning of the European Union “TFEU” includeds strict rules to tackle unfair competition.
This course is a financial management game especially designed for those (aspirant) professionals who are interested in financial decision-making processes. Participants learn how to make sound policy decisions in the field of finance. Focus will be on the interdependency of investment decisions with regard to production, marketing and finance. Support and test financial policymaking by setting up liquidity budgets, operating budgets, capacity planning and cost analyses.
Experience what it takes to do business in Europe successfully. Focus on European economy, zoom in on business life and Europe, and take your business competences to the ultimate test: a real-life management game on strategic marketing, finance or entrepreneurship.
2013 main focus will be “Methodology and Regional Development in the Industrialized World”
An interdisciplinary course dealing with current issues in politics, international affairs and global governance.
This course is offered by the Tilburg Law and Economics Center (TILEC), a Center of Excellence at Tilburg University renowned globally for its research on the governance of economic activity. It aims at providing a non-technical introduction to the main legal and economic issues encountered in today’s global business life.