Courses NonDegree Display 2019-2020

Course Description To PDF
Course title Economics and Business
Course code EBC1009
ECTS credits 6,5
Assessment None
Period Start End Mon Tue Wed Thu Fri
2 28-10-2019 20-12-2019 X L X
Level Introductory
Coordinator Matthias Wibral
For more information:
Language of instruction English
Insight in basic economic concepts and tools, and the ability to apply them to the real world.
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 .
The course will use an introductory economics text book. The book will be announced in early October.
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.
Teaching methods PBL / Lecture / Assignment / Groupwork
Assessment methods Final Paper / Participation / Written Exam
Evaluation in previous academic year For the complete evaluation of this course please click "here"
This course belongs to the following programmes / specialisations
Bachelor International Business - Emerging Markets Year 1 Compulsory Course(s)
Bachelor International Business Year 1 Compulsory Course(s)
SBE Exchange Bachelor Bachelor Exchange Courses
SBE Exchange Master Bachelor Exchange Courses
SBE Non Degree Courses Bachelor Courses