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Swiss national educational quality at ABMS SWITZERLAND UNIVERSITY
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The course starts with a basic but rigorous introduction to economic concepts and tools of analysis. It then moves on to discuss introductory microeconomic supply and demand analysis and different market structures.
The macroeconomic section of the course commences with the circular flow of income and the multiplier which are used as the bases of a discussion of the impact of government activity and foreign trade upon economic activity.
We then turn to the consideration of money, banking and monetary policy and the effect of these upon the level of economic activity. This leads into an overview of IS/LM analysis, of the different schools of macroeconomic thought and finally of introductory issues of international trade. Throughout the course we will reflect the textbook’s approach of seeking to relate the theory covered to current data on the Swiss and world economies.
Learning Outcomes • Discuss and explain the problems of, and the difference between macro and microeconomics, including the basic theories of demand and supply. • Describe the fundamental principles of and also the workings of the international trade system.
Explain and evaluate the Keynesian, Classical and Monetarist schools of thought, and the models to which they give rise; and the concept of national income as a measure of societal well being. Evaluate the rationale for the various forms of Government
Intervention in the economy, and provide analyses of the likely effects of fiscal and monetary policy in each of the different models upon all of the important macroeconomic variables (e.g. employment, national income, output and inflation).
Apply supply and demand analysis to the working of markets both in equilibrium and disequilibrium, including examination of the effects of such matters as price restrictions, quotas and taxation.
Demonstrate the effects of different market structures (perfect competition, monopoly, monopolistic competition and oligopoly) upon the conduct (particularly pricing policy) and performance of business organisations, and give examples of the forms and effects of government intervention in this area.
Apply economic theories to a range of business problems and suggest possible solutions based on these theories. • Apply quantitative techniques to well specified problems. • Study Language: this study program taught entirely in English.
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For Professionals The Swiss Diploma (Year 1) or Associate of Bachelor's of Business Administration degree signifies the first level of achievement in any academic discipline. In our executive bachelor's programs, you will: • Develop and practice innovative research methods.
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Associate Bachelor's Degree/ Swiss Diploma: 2 years/ 1 year We have 4 intakes per year: January, April, July, and October • The Swiss diploma associate bachelor's degree will take your leadership to the next level. In our associate bachelor's programs, you will:
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Admission Requirements: This study program is the 1st academic year of the Bachelor study program • Duration: one year • Degree: Diploma in Fundamentals of Economics • Age: Minimum age 17 years
Previous study: High school Diploma or equivalent • English level: IELTS or equivalent (Only for students from non-English speaking countries or students who did not study at English speaking school) • Study Method: Online • Fee: 4900 Euro
Modules: • Essentials of Management • Fundamentals of Economics • Communications for Business • Understanding Business Organisations • Business Mathematics • Introduction to Finance • eBusiness • Principles of Marketing
Note: Study fee does not include application and reservation fee (to guarantee you a study place) of 240 Euro (onetime payment and non-refundable). • European Credit Transfer and Accumulation System: this program is equivalent to 60 ECTS • European Qualifications Framework: this program is equivalent to EQF Level 4
For more update, visit us https://www.abmswiss.com/ABMS/Accreditation-Recognition