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.
The Brussels Summer School is centred on the theme of ‘Europe and the World’ which builds upon the academic strengths of the school. Within this context various sub-themes will be also covered, these include migration, the European Union’s (EU) relationship with emerging powers such as China, and the EU’s response to the global economic crisis.
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.
The course will start with the basics of pharmacoeconomics and then provide a broader insight and cover the issues described above from a governmental, industry and regulatory perspective. All lecturers have extensive experience in the field and come from universities, regulatory bodies and pharmaceutical industry.
The world changes and we need to redevelop what is made, how it is made, where to sell, how to distribute, all while taking into consideration the consequences for the world around us. Some entrepreneurial people start their own business, but we also need people who seek opportunities for improvement inside larger organizations in business, government, education and health care.
New Venture Creation and Entrepreneurship - This course examines the economic, social and ecological aspects of new ventures using a sustainable entrepreneurship approach.
This course does, however, ensure that your math skills will be up to date - again - and that you start your study with more self confidence. Although during the summer school the same material is dealt with as during the extra digital tutorials of the first year course in Mathematics, the advantage is that the relevant material of high school maths is refreshed before the start of your bachelor economics. And you will already meet some of your fellow students and teachers!
This course addresses the fundamentals and practicalities of the Biobased Economy: the biological basis and the economical aspects More detailed information will follow later.
The course 'Trust and Economic Performance – An Economics and Management of Trust Approach' aims at providing a more fully developed economic and management account of trust. Economic and management views on trust problems are integrated in an analytical framework that enables students to explain links between trust and economic performance on a micro- and macro-theoretical level.
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 course prepares you for participating in or managing projects. You will learn a leading project management method (PRINCE2®), work on project simulations in teams, and experience the different factors that determine the successful completion of a project. As part of the course assessment, you will have the opportunity to do the PRINCE2® Foundation level exam and earn the official PRINCE2® certificate
Explore the challenges faced by European companies, the solutions they find, and gain insight on how business cultures in the European Union (EU) influence the decision-making processes. Focus on new business models, corporate social responsibility, sustainable innovation, and creative approaches to brand identity – all strategies used by European companies to prepare for the future.