Bachelor
2024/2025
Macroeconomics
Type:
Compulsory course (International Business)
Area of studies:
Management
Delivered by:
Department of Strategic and International Management
Where:
Graduate School of Business
When:
1 year, 3, 4 module
Mode of studies:
offline
Open to:
students of one campus
Instructors:
Danil Fedorovykh
Language:
English
ECTS credits:
5
Course Syllabus
Abstract
Economics is a science of making decisions under resource constraints. In this introductory course, students learn how the economy as a whole operates. This course doesn't focus on complicated mathematical models, rather, students are supposed to develop an understanding of the subject from a general standpoint, see the big picture. The course aims to introduce the central concepts from various topics, including analyzing macroeconomic data, development economics, economic cycle and crisis, the problem of inequality.
Learning Objectives
- Introduce the central concepts from various topics, including analyzing macroeconomic data, development economics, economic cycle and crisis, the problem of inequality.
Expected Learning Outcomes
- Growth and the role of technology. Description of the Solow model. Growth in different countries. The role of institutions.
- Students know and understand the basic macroeconomic indicators.
- Understanding economic fluctuations, economic and financial crises
- Understanding main concepts about financial markets and instruments. Efficient market hypothesis. Bubbles
- Understanding the main indicators of inequality, its types, and methods to deal with it
Course Contents
- What Economics is About
- Macroeconomic Data
- Development
- Specialization and Trade
- Finance and Money Market
- Cycle
- Inequality
Interim Assessment
- 2024/2025 4th module0 * Essay + 0 * Essay + 0.25 * Final Exam + 0.25 * In-class quizzes + 0.25 * Midterm Exam + 0.25 * Project
