JSBP9150 Economics of Business Environment (LITO) (5 cr)
Description
Content
The course provides students with basic skills in analyzing the business environment and its
evolution from an economic perspective. Proactive identification of opportunities and threats of
the business environment is increasingly important for successful businesses in the global
economy.
During the course, students will familiarize themselves with the decision-making of firms and
consumers and how the markets function (microeconomics); economic growth, business cycles,
labor markets, inflation, monetary policy and economic policy (macroeconomics); the role of the
public sector and focal public policy instruments in market economies (public economics);
international trade, financial markets, European integration and multinational companies (global
economy).
Completion methods
On-line course.
Learning outcomes
- define basic economic concepts
- understand economic thinking and apply economic theory in the analysis of a business
environment and market economies.