3 ECTS credits
80 h study time
Offer 1 with catalog number 3020308DNW for working students in the 1st semester at a (D) Master - preliminary level.
Economics for Business introduces students pursuing a graduate degree in business to the principles of (mostly micro-) economics. Topics include: supply and demand, elasticity, applications of supply and demand, the costs of production, firms in competitive markets, monopoly.
Economics for Business aims to teach students majoring in business how to think like an economist, and provide them with the basic tools of economics that help understand the markets in which they operate, the economic decision problems they face, and the wider economic environment.
A course syllabus is available on the learning platform. The course syllabus contains a detailed description of the material covered in the course, including a week by week schedule of activities.
Follow the economic news in the press by reading a financial newspaper such as the Financial Times or the The Economist (a weekly newspaper). Both are available in the library.
Teaching Methods
- Lecture: collective contact-dependent moments during which the lecturer engages with learning materials
- Seminar, Exercises or Practicals (Practical): collective or individual contact-dependent moments during which the students are guided to actively engage with learning materials
- Independent or External Form of Study (Self): independent study
This description of the teaching methods is indicative, in order to assess the expected study load.
Lecture: 24 hours
Self: 56 hours
The final grade is composed based on the following categories:
Written Exam determines 100% of the final mark.
Within the Written Exam category, the following assignments need to be completed:
Written examination.
One part of the exam asks you to apply what you have learned by working problems (similar to the end-of-chapter problems in the textbook), case studies, or by commenting at length on statements from the business and financial press, using the economist's analytical toolbox. If the number of students is large, another part of the examination consists of multiple choice questions (with standard correction for guessing).
This offer is part of the following study plans:
Master of Physics and Astronomy: Minor Economy and Business
Preparatory Programme Master of Science in Management: Academische Master
Preparatory Programme Master of Science in Management: Academische Bachelor