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Macroeconomics (with International Finance)

2023-2024

EnFaculté de Gestion, Economie & Sciences Masters ( FGES MASTERS )

Class code :

2324-RIZOMM-ECON-EN-4001


Level Year Period Language of instruction 
S2EnEnglish
Academic responsibility Carla Nardone, Carl PITCHFORD
Lecturer(s)-

    This class exists in these courses :
  • Faculté de Gestion, Economie & Sciences - Masters - Master 1 International Management - S2 - 5 ECTS

Prerequisites

Knowledge of the basic principles of economics, politics, and international current events. Good comprehension of English.

Learning outcomes

AIMS- The aims of the course include:

  • Discuss the key concepts of macroeconomics for managers.

  • Review the characteristics and consequences of growth, inflation and unemployment, and then look at how they can be managed.

  • Present the business cycle fluctuations and the reason why they occur; the factors leading to cyclical fluctuations in some components of aggregate demand; and financial business cycles and their impact on real cycles.

LEARNING OUTCOMES- At the end of the course, students will be able to:

  • Acquire knowledge of the key concepts and principles of macroeconomics for managers.

  • Explain how managers and executives should react to unexpected changes in key macroeconomic variables.

  • Adequately address the issue of how business managers and executives can use macroeconomic data and information to improve the performance of their businesses.

  • Utilise forecasts to make better decisions about where their company sales and profits are likely to be heading.

  • Deal with future movements in the exchange rates as managers.

Course description

  1. Choice in a world of scarcity
  2. Macro-economics and International Business
  3. Labour and Financial Markets
  4. Elasticity
  5. Perspectives and Growth
  6. Unemployment vs Inflation
  7. International Trade and Capital Flows
  8. Monetary Policy and Fiscal Policy
  9. Business decision-making and investment decision-making


Class type

Class structure

During the course, students will be requested to carry out research, deliver a presentation and write a group/individual research paper.

Teaching methods


    Assessment


    Recommended reading



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      • Advanced Macroeconomics 2 edition – Sanjay Rode (2015).

      • Principles of Macroeconomics – Steven Greenlaw & David Shapiro (2011).


      All documents are provided by the professor and updated on a yearly basis.


    Internet resources



     
    * This information is non-binding and can be subject to change
     
     
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