Economics and Business

School of Business and Economics

Economics and Business

Full course description

The course 'Economics and Business' introduces economic principles and concepts. The following topics are addressed in lectures and tutorials: supply and demand analysis, perfect competition, monopoly, oligopoly, game theory, agency theory, and elements of macroeconomics. A parallel skills training in academic writing is an integrated component of the course .

Course objectives

Insight in basic economic concepts and tools, and the ability to apply them to the real world.

Prerequisites

Since Economics and Business is a first-year class, the presentation avoids the use of advanced mathematical concepts. However, knowledge of basic mathematical concepts such as solving equations, reading and working with graphs, manipulating inequalities, or working with single-variable functions is an indispensable prerequisite.
If you feel that you have deficiencies in mathematics, here are two splendid textbooks:
(1) Chiang, A.C., & Wainwright, K. (2005): Fundamental Methods in Mathematical Economics;
(2) Sydsaeter, K., & Hammond, P. (2006). Essential Mathematics for Economic Analysis.
In addition, an advanced level of English is required.

Economics and Business