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Macroeconomics (with International Finance)

Code Cours
2324-RIZOMM-ECON-EN-4001
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Establishment
Faculté de Gestion, Economie & Sciences Masters
Language of instruction
French, English
This course occurs in the following program(s)
Masters in international management - Crédits ECTS:
Period
S2

Présentation

Prerequisite

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

Goal

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.

Presentation
  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

Modalités

Forms of instruction

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

Evaluation

Ressources

Bibliography

<ul> </ul> <b> </b>|| <ul> </ul> <b> </b><i> </i>|| <ul> <li>Advanced Macroeconomics 2 edition – Sanjay Rode (2015).</li> <li>Principles of Macroeconomics – Steven Greenlaw &amp; David Shapiro (2011).</li> </ul> All documents are provided by the professor and updated on a yearly basis.||