Course Catalog

The course provides an understanding of the theoretical and empirical underpinnings of the economics of entrepreneurship and innovation by identifying, examining and analyzing the economic, social and institutional drivers of entrepreneurial activities in an increasingly knowledge and technology driven economy. A particular emphasis is placed on technological change as the main engine behind economic growth.

This course familiarizes students with concepts and methods that are used in the analysis of the interaction between the economy, the environment and society, and studies the range of policies that can be applied to environmental and social problems. The key issue is how markets can be made to work for sustainable development.

This course provides an analysis of trade theories and their monetary aspects in global and open economy. The course begins by explaining the rationale behind international trade and welfare gains that emanate from trade and proceeds to discuss the balance of payments accounts, price and output in an open economy, macroeconomic policy under different exchange rate regimes. A special emphasis is placed on the conduct of monetary and fiscal policy in an open economy, the balance of payment accounts and the determination of the exchange rate. Students will have the opportunity to get a more in-depth understanding of the origin and impact of monetary problems and financial crises in advanced and emerging economics (the United States, EU countries following Brexit, China and Latin America) using a policy approach.

Studies the economic functions and structures of financial asset markets, financial intermediaries, and money. It also presents the role of the central bank in macroeconomic performance of open economies.