This course covers introductory microeconomics and macroeconomics with particular attention given to global and long-run growth issues. The microeconomic portion introduces the discipline and fundamental tools of economics. It proceeds to study the workings of a price system and theories of consumer and firm decision-making.
It further analyzes particular market structures characterized by perfect and imperfect competition, reviews the strengths and weaknesses of a market economy, and considers the government's role in correcting market failures and promoting competition. The macroeconomic portion studies the domestic and international forces that govern the determination of the aggregate level of economic activity and pays particular attention to the determinants of long-run economic growth and stabilization policies used to dampen business cycles.
The course concludes with global issues including the determinants of trade, trade policy, capital mobility, international financial instability, and international economic integration and the extent of globalization. The objective of this course is to study the major decision-making areas of managerial finance and some selected topics in financial theory. The course reviews the theory and empirical evidence related to the investment and financing policies of the firm and attempts to develop decision-making ability in these areas.
- Duration of studies - Bac.4 years-8 semesters
- Availability of specialization - Available
- Availability of foundation year - No
- Language(s) of instruction - English
- Accounting and audit
- High School diploma
- Confirmation document regarding in which language student is going to take the courses
- Credits for the course- 240 credits
About the School
Azerbaijan State University of Economics , which was founded in 1930, is one of the largest higher education institutions in the Southern Caucasus. There are 9 faculties operating at UNEC with more th ... Read More