Course 04 – Managerical Economics

Objectives

Corporate ventures into international activities should be preceded by a systematic and professional analysis of the external (economic/political etc.) environment of the host country. Economic stability forms one of the basic requirements for the achievement of adequate returns on investment and as such substantially influences the strategic planning process of multinational enterprises. The course will provide a sound introduction to these topics and will make participants familiar with methods to assess macroeconomic risks and policy concepts. 

Topics

  • measuring economic activity and performance
  • commercial banking and capital markets
  • aggregate demand and supply, business cycles and short-term macroeconomic policy options
  • structural market inefficiencies, supply side economics and long-term macroeconomic policy options
  • central bank systems and monetary policy options
  • issues in international economics: balance of payments, reasons for and barriers to international trade, exchange rates and the international monetary system