Eco­nom­ics and Fin­an­cial Mar­kets

Kursets indhold

The course is divided into two parts: (i) Microeconomics and (ii) Macroeconomics and Financial markets.

The first part of the course on microeconomics deals with resource allocation and strategic decisions.

This part shows how microeconomic principles can be applied to decision making and market outcomes. The emphasis is on stylized practical problems that may face anyone in a management position.

The four main sections of this part of the course are supply & demand analysis, pricing strategy, game theory, and the economics of information.

The second part of the course on macroeconomics and financial markets offers a broad introduction to some key theories and issues in current macroeconomic and financial debates.

The aim of this part of the course is to enable the participants to better understand, first, the origin of macroeconomic and financial issues affecting economies; second, how they may be mitigated through economic policy; third, what determines interest rates and returns on other financial assets. In the course, emphasis is on how macroeconomic developments affect financial markets and the financing opportunities of firms.

Throughout the course, modern analytical tools will be used to address these issues. Intuition and real-world applications are prioritized over formal models and technical details. The reading material is based on textbook chapters, articles from international journals and reports from respected policy institutions and think tanks. All sessions will comprise elements of both lectures and discussion, in plenum as well as in groups.