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MA Economics for Business Designed specially for non-economics graduates who want a career where the skills of business economics will be important and for those who are currently working in business who wish to expand their range of skills and knowledge. The course aims to provide you with the skills and competence needed to be able to apply economic principles to the solution of business problems. The course concentrates on applied aspects of economics, rather than the theoretical approach. Core Units: Principles of Economic Theory This unit introduces the fundamental concepts, approaches and analyses used by economists in both the local context (individual or business) and in the wider national or global environment. These principles are developed so that you can appreciate their relevance to individual, business and public sector decision-making. Quantitative Economics The economic approach to investigating a problem or assessing a situation so as to make a balanced decision frequently involves collecting and analysing appropriate data. This unit introduces you to the essential quantitative techniques and methods used in business economics. At the end of the unit, you should be able to collect and analyse appropriate data, applying the techniques to business related problems, as well as understanding the limitations of, and constraints on, the use of these techniques. Managerial Economics The aim of the unit is to equip you with an understanding of the principles of managerial economics and the relevance and application of economic theory to the solution of business problems. On its completion, you should be able to apply economic theories and principles to decision-making in the areas of product pricing, product analysis, and promotion and advertising. You will also appreciate the context of mergers and takeovers, and foreign investment. Research Methods This unit introduces the concepts, methodologies and basic methods of undertaking and implementing research in economics and the social sciences. Stage two Project Appraisal This unit aims to introduce you to the basic principles of investment appraisal and to apply these principles to investment projects in developed and developing countries. The first part of the course focuses on standard cash flow manipulation techniques, such as discounting and choosing between mutually exclusive projects. The second part of the course considers the determination of appropriate cash flows that satisfy alternative objectives of the decision-making unit, including the firmindividual and the public sector. Applied Corporate Finance Whether from an investment bank perspective or from within the finance (treasury) department of a corporation, an assessment of the financial health of a company is paramount. This unit introduces and exposes students to corporate financial management, valuation and investment, with the emphasis being on corporate risk analysis. The unit is an applied course equipping students with the tools necessary to critically analyse, evaluate and offer recommendations on firm specific financial and business data. International Trade and Finance You will develop an understanding of how economic principles can be applied to international economic and financial issues. In particular, you will develop appropriate critiques and evaluate the theoretical basis of international economic problems so as to assess the impact of economic policies within an international context. Option unit There are a range of postgraduate units available, from which you select one. The choices currently offered, subject to demand and lecturer availability, are: ? Futures and Options Markets ? Economics of Insurance ? Tourism Economics ? Economics of the Internet and the Digital Economy ? Advanced Topics in Business Economics Stage three Consists of a 14,000 word dissertation. You will undertake an investigation of an appropriate, closely specified topic, using the skills you have learnt. You wi

MA Economics for Business Designed specially for non-economics graduates who want a career where the skills of business economics will be important and for those who are currently working in business who wish to expand their range of skills and knowledge. The course aims to provide you with the skills and competence needed to be able to apply economic principles to the solution of business...

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