The module of Macroeconomics-I aims at developing students’ theoretical and analytical skills in fundamental macroeconomic principles that enable them to understand and analyse how the aggregate economy works and how government policies affect important macroeconomic variables such as national income, unemployment, inflation, and interest rates.
The module on Macroeconomics-I covers the following topics:
Topic 2: The data of macroeconomics: GDP, Inflation, CPI, unemployment
Topic 3: National income: Factor of Production, production function, factor prices
Topic 4: The Asset Market, Monet, and Prices
Topic 5: Business Cycle Measurement
Topic 6: The Short-Run Goods and Financial Markets Equilibrium: IS-LM Model
Topic 7: The Aggregate Demand and Aggregate Supply Equilibrium: The AD-AS Model
Topic 8: Inflation, Unemployment, and the Phillips Curve
Topic 9: Economic Growth Theories: Solow, Neoclassical, and Endogenous Growth Models
Rules of law govern many aspects of business. An understanding of legal rules and ethical constraints provides a framework for making sound business decisions, facilitates commercial transactions, and promotes order in the marketplace. This course focuses on the organization and operation of the American legal system, legal rules and ethical constraints that impact business, and the practical application of these rules and constraints to real-world situations. Emphasis is placed on analytical problem solving and ethical decision making.
This is the course site for the two semester class Advanced Microeconomics tought by instructures from Kiel University and the University of Rwanda.
Aim of the class: Firms and consumers make choices for themselves and interact in various ways in the market place. This course prepares the theoretical groundwork for microeconomic policy courses elsewhere in the Master of Economics curriculum, highlighting traditional economic approaches, their normative foundations, and recent advances such as information economics and behavioral economics. By the end of the course the student will
- be familiar with the main, unifying microeconomics principles, and know how to analyze microeconomic problems using mathematical tools
- know the main concepts of consumer choice and firm behavior, and their relevance for equilibrium and welfare analysis
- be able to evaluate economic policy with regard to efficiency and equity and know of the limitations to economic policy
- know of core arguments from the economics of information and incentives
- be able to understand limitations of the homo economicus and current advances in behavioral economics
- know of problems of market failure and how to address them
- know of possibilities and limitations in applied policy fields, such as welfare analysis, and regulation of industry
The aim of the module is to equip students with concepts and methods of research that include the formulation of a research topic, defining the research problem and question, literature review and hypothesis; quantitative and qualitative research design, data processing, and statistical analysis as well as presentation and discussion of findings, research ethics, and integrity, systems of referencing.
Information systems give businesses a competitive advantage by helping them save time and money, and they can help businesses make better decisions by basing their strategies and tactics on concrete data and mitigating mistakes that may happen throughout the regular course of business.
E-business systems are a set of online technologies, equipment and tools that a business uses to conduct business via the Internet.
Welcome to the Online Module on Financial Management! This comprehensive course equips you with essential knowledge and practical skills to manage finances efficiently. Covering topics like financial planning, investment strategies, risk management, and decision-making, you'll gain the tools needed for short and long-term financial success. Engage with interactive content and real-life examples to empower yourself and take control of your financial future. Let's start this exciting journey together!
Cash flow management is tracking and controlling how much money comes in and out of a business in order to accurately forecast cash flow needs. It's the day-to-day process of monitoring, analyzing, and optimizing the net amount of cash receipts—minus the expenses.