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.
This Islamic Certificate is responding to the growing interest in Islamic finance. It provides the students with an opportunity to study the structure of the Islamic banking and finance industry, including its theoretical foundation, products, performance, Islamic financial instruments and risk management issues.
With the International Postgraduate Program in Logistics Management (IPPL), Group T responds to the ever rising demand for professionals in the field of logistics. Logistic processes are getting more and more complex and international.
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 six courses 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.
This Summer School aims to develop the students’ knowledge in European Business Environment and an understanding of the major challenges of sustainable development and corporate responsibility.
Objectives: To learn about available methodologies for quantitative benefit/risk assessment, to gain insight in the strengths and weaknesses of these methodologies, and to apply these methodologies in practice. Decision making on medicines informed by quantitative benefit-risk assessment may differ depending on the perspective of the decision maker and the phase of drug development.
This course aims to provide a broad perspective of the field, including a variety of subjects from views of the different stakeholders to more in depth methodological approaches, illustrated with examples and exercises.
Objectives: To gain insight into different preference valuation techniques and (pharmaco)economic evaluation methods. This module will address valuation of health states and pharmacoeconomic evaluation methods. Economic consideration play an important role in decision-making on medicines, e.g. for reimbursement purposes.
In this Summer Course, we will look at the topics of Business Ethics, Corporate Social Responsibility (CSR) and Sustainable Business from the perspective of different stakeholder groups. This course will provide perspectives from different stakeholder groups as a way to gain an understanding of this broad topic. The teaching includes theoretical models, stories from experience, real life dilemmas and case studies of leading companies.
This module will address in more depth the challenges (rationale , emotional and logistical) of Risk communication that have been raised in previous modules.
The Business & Economics in Europe programme is designed to give business and economics students a greater understanding of the international business practices in Europe and the economic policies of the European Union.
Objectives:To gain insight in the process of decision-making on medicines by different stakeholders and the application of quantitative benefit/risk assessment methods. Decision making on medicines informed by quantitative benefit-risk assessment may differ depending on the perspective of the decision maker and the phase of drug development.
This course is targeted to both students of various specialist subjects and those already employed in the aviation industry. Students are assisted by experienced practice-based experts alongside the excellent lecturers of the International University of Applied Sciences Bad Honnef · Bonn.