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Programme:

Business and Economics

Module: Economy
Study Cycle: First Cycle (Undergraduate)
Faculty: Business and Economics
Programme Code: N-BABE/N-BABE-EC
Academic year: 2018 / 2019
Title: Bachelor of Business and Economy / Module: Economy
ECTS: 180 (3 years) Accrediation
ECTS: 240 (extended + 1 year) Accrediation

The Curriculum of “Business and Economics” is a balanced combination of primary specific theoretical knowledge and professional skills. The structure of the program includes studies that are by nature dynamic and interactive. The program is designed to offer topics in the field of economics and management. Items that are included in this program represent perspectives that are based on theory, which is closely related to practical application in the business world. This program allows students to acquire the necessary skills and experience for the theory of economics, the use of management, finance and econometrics.
Aims of the study program:
• to prepare students for the position of leaders in profit and non-profit organizations in the country and around the world.
• to prepare students to build careers in the fields of economics and management, but also in the private sector in the field of finance.
• to enable the acquisition of research skills and experience in the theory of economics, the use of management, finance and econometrics.
• to develop the concept of practical work of students.
• to develop students’ concept of critical thinking.
• to enable students to actively participate in lectures and practical work in order to independently carry out research in all areas of economics and management.
• to facilitate the development of personal, communication, research and other important skills needed for employment.
During this program, students have the opportunity for practical work (internship), whereby they will be able to apply their knowledge, capacity, ability and skills obtained in the Faculty. 

The study program Business and Economics will enable students to:
- obtain a general education in disciplines that underlie the theory and practice of management, while still specializing in economics;
- undertake in-depth study of economics with management options that enable you to look critically at management issues;
- gain training in the principles of economics and their applications;
- develop an understanding that management is a broadly based social science and multi-disciplinary area;
- get acquainted with appropriate tools of analysis to tackle issues and problems of economic policy;
- enable students to understand organizations, key aspects of their management, and the external environment in which they operate ;
- provide an environment wherein students can develop their interpersonal and communicative skills;
- provide a firm foundation for further study and for employment;

Knowledge and understanding

- Has the necessary knowledge for the following business functions: economics, management, finance, business and management in a global context, principles of accounting, corporate finance, strategic management, human resource management and marketing;
- Has a knowledge of the functional areas of economics and management, ongoing research and innovation, future trends, and the impact of these developments in theory and practice;
- Has a knowledge and understanding of national, regional and global economic situation on the market.
- Has knowledge of managerial theories, analysis and reporting;
- Acquire a strong foundation in how to further develop economics and be ready for graduate studies related to the economics and management, management or related fields.;
- Understand the different tools for making management decisions;

Applying knowledge and understanding

- Ability to professionally write and further develop economics and management problems and its implementation in real life;
- Ability to assist in the formulation and practical implementation of successful general management plans and strategies;

Making judgement

- To think critically and to apply theoretical and practical knowledge and experience to identify and analyze economics problems;
- Critically analyze and evaluate identified managerial opportunities;

Communication skills

- Show understanding of individual and group dynamics in organizations;
- Operate effectively in teamwork;
- Effectively deal with people from different social, economic, cultural and religious backgrounds;
- Demonstrate understanding of and sensitivity to ethical, social and legal responsibilities of companies;
- Show business ideas in an effective manner;
- Demonstrate key negotiating skills;
- Interpret business data and economic indicators;

Learning skills

- Can research and detect sources of learning;
- Can be trained for individual and team learning;
- Have the ability to use scientific literature and analysis of the opinions and estimates of other authors;

Semester 1

  • [CBE-102] [6 ECTS] Principles of Marketing
    The purpose of this course for students to acquire knowledge of basic concepts that are embedded in the marketing functions of modern organizations. The focus is on concepts and issues associated with marketing products and services to consumers. Specifically, the goal is for students to learn about the marketing environment by analyzing the market and implementing successful marketing strategies in this environment. Students will also be able to apply scientific concepts to design a complete marketing plan for their product. This course contributes to familiarizing students with various activities in the field of marketing, contributing company to be competitive and successful in the market.
  • [CBE-101] [6 ECTS] Introduction to Economics and Business
    The primary purpose of this course is to develop a basic understanding of the major economic concepts and theories used in analyzing economic issues. This course is designed in a way to equip students with basic principles, concepts and techniques in doing economic analysis. At the end of the course, the students should be able to “think like an economist”. This course provides a survey of the principles of micro- and macroeconomics with a focus on applied managerial decision-making in a global setting. Upon completion of the course, students should be able to: utilize the demand and supply model to determine the impact of changes in demand or supply on price and quantity; define GDP and describe its measurement, uses, and limitations as a measure of economic well being; define Inflation and describe its measurement, consequences, and how to adjust for it; as well as describe the role and tools of a central bank.
  • [CBE-103] [6 ECTS] Principles of Management
    The purpose of this course is to familiarize students with the basics of management, its genesis, definition and basic principles which should be based on the work of any future manager. This course also aims to acquaint students with knowledge of the basic functions of management as planning, organizing, coordinating, motivating and controlling. Mastery of this subject will provide students with the ability: - To learn the basics of management and to enable them to give concrete examples. - To be able to see the mastery of this subject as the need and acquiring knowledge to be in the context of practical application of learning. - To think of an effective way this will help them to face with business problems in their future life.
  • [3 ECTS] Elective course - Albanian/Macedonian Language
    • [MAPP1010] Macedonian Language for Professional Purposes 1
    • [MAPP1020] Macedonian Language for Professional Purposes 2
    • [BS018] Macedonian Language for Beginners 1
    • [BS152] Macedonian Language for Beginners 2
    • [BAM1010] Albanian Language for Beginners 1
    • [BAM2010] Albanian Language for Beginners 2
  • [3 ECTS] Elective course - English Language
    • [BENP-01] English Language for General and Professional Purposes 1
    • [BENP-02] English Language for General and Professional Purposes 2
    • [BENP-03] English Language for General and Professional Purposes 3
    • [BENP-04] English Language for General and Professional Purposes 4
    • [BEN-05] English Language 5
    • [BEN-06] English Language 6
  • [6 ECTS] Free elective course
    • [EFE-107] Public Speaking
    • [EFE-127] Debate and Presentation Skills
    • [EFE-108] Intercultural Studies
    • [EFE-108] Communication Skills
    • [EFE-110] Advanced Excel
    • [EFE-111] Advanced IT skills
    • [EFE-112] Advanced Word
    • [EFE-113] Google Apps
    • [EFE-114] Advanced Access
    • [EFE-115] Desktop Publications
    • [EFE-116] Web Publications
    • [EFE-129] Albanian Language and Writing Culture
    • [EFE-131] Albanian Language for Specific
    • [EFE-102] Academic Writing in English
    • [EFE-103] Academic Writing in Macedonian
    • [EFE-104] Academic Writing in Albanian
    • [EFE-105] German Language (level 1 to 4)
    • [EFE-117] Environmental Protection
    • [EFE-121] Professional Careеr Development
    • [EFE-132] Human Rights and Freedoms

Semester 2

  • [CBE-201] [6 ECTS] Principles of Accounting
    The purpose of the curriculum is to help students understand the essence of accounting to learn the basics of financial accounting concepts and principles of accounting. Specifically, students will gain knowledge and understanding of financial statements, their components, the basic rules of recording of accounting data, and the utilization of accounting documents. податоци, користење на сметководствените документи.
  • [CBE-202] [6 ECTS] Business Mathematics
    The Goals of Business Math are as follows: - Students to be able to apply the system of linear equations to solve various problems in the field of business and economics. - Students to be able to apply their knowledge of linear models and numerous arrays for solving various problems in business and economics. - To provide students with advanced knowledge for calculating compound interest, periodic deposits, periodic rents, loans and financial decisions.
  • [CBE-203] [6 ECTS] Microeconomics
    Basic understandings on economic phenomenon and the Global Universal microeconomic terminology are achieved through this course. Theoretical approaches that allow coming to their own idea of the possible application solutions to the problems of production, exchange and organization of individual enterprise, a separate branch or a separate market are followed and analyzed. Development components provide dynamic dimension without which simplified approaches would be unusable. Foundations of macroeconomics is taught through the world as part of the universal effort to instantly identify and define similar problems and come up they might be resolved in a similar way everywhere, but to get to the information that can aggregate level to help in formulating macroeconomic objectives and strategic planning elements. It is a part of the need to build globally similar societies in which frequent business, political labor or other contacts will be recognized for all participants in the same way and will be resolved using similar complementary instruments are all usable everywhere.
  • [6 ECTS] Free elective course
    • [EFE-107] Public Speaking
    • [EFE-127] Debate and Presentation Skills
    • [EFE-108] Intercultural Studies
    • [EFE-108] Communication Skills
    • [EFE-110] Advanced Excel
    • [EFE-111] Advanced IT skills
    • [EFE-112] Advanced Word
    • [EFE-113] Google Apps
    • [EFE-114] Advanced Access
    • [EFE-115] Desktop Publications
    • [EFE-116] Web Publications
    • [EFE-129] Albanian Language and Writing Culture
    • [EFE-131] Albanian Language for Specific
    • [EFE-102] Academic Writing in English
    • [EFE-103] Academic Writing in Macedonian
    • [EFE-104] Academic Writing in Albanian
    • [EFE-105] German Language (level 1 to 4)
    • [EFE-117] Environmental Protection
    • [EFE-121] Professional Careеr Development
    • [EFE-132] Human Rights and Freedoms
  • [3 ECTS] Lëndë zgjedhore - Gjuhë angleze
    • [BENP-01] English Language for General and Professional Purposes 1
    • [BENP-02] English Language for General and Professional Purposes 2
    • [BENP-03] English Language for General and Professional Purposes 3
    • [BENP-04] English Language for General and Professional Purposes 4
    • [BEN-05] English Language 5
    • [BEN-06] English Language 6
  • [3 ECTS] Elective course - Albanian/Macedonian Language
    • [MAPP1010] Macedonian Language for Professional Purposes 1
    • [MAPP1020] Macedonian Language for Professional Purposes 2
    • [BS018] Macedonian Language for Beginners 1
    • [BS152] Macedonian Language for Beginners 2
    • [BAM1010] Albanian Language for Beginners 1
    • [BAM2010] Albanian Language for Beginners 2

Semester 3

  • [CBE-301] [6 ECTS] Statistics
    The purpose of the course is for students to acquire knowledge to be able to: - Use descriptive analysis when analyzing data. - Use probability and random variables in solving business problems. - To understand the statistical lock which is the basic for interpreting results and making business decisions. - Using correlation and simple multiple regression. - To know the basics of analysis of variance. To understand the basics of index numbers and the methods for analyzing time series. Prerequisites for entering the course: Business Math.
  • [CBE-302] [6 ECTS] Business Calculus
    The program aims to enable students: - To prove that they have knowledge and understanding of dependencies between the sizes that is used in business and economics and simple mathematical models. - To identify the relationship between differential calculus and functions of business and economics. - To apply these relations to study the dependencies between sizes in business and economics. - To apply differential calculus to solve various problems in applied business and economics. Prerequisites for entering the course: Business Math.
  • [CBE-303] [6 ECTS] Macroeconomics
    Students will gain knowledge about: - Macroeconomic concepts and categories that is a prerequisite to the functioning of a national economy as a part of the broader global economic system. - Importance of the principal macroeconomic indicators such as gross national product, national income, economic growth, economic cycle, investment and public consumption, inflation, unemployment money and banks, budget, balance of payment and more. - Basic tools of macroeconomic analysis (aggregate supply and demand) and macroeconomic policies (monetary and fiscal policy) and others. - The efficient function of a national economy, comparing it with modern market economies, indicating in that direction differences, similarities and opportunities for future development of the respective economy. - Knowledge of macroeconomics, which will allow easier access to other advanced macroeconomic courses. Prerequisites for entering the course: Introduction to Economics and Business, Microeconomics.
  • [6 ECTS] Elective course - English for specific purposes 1
    • [BEEN-01] Business English 1
    • [BEEN-02] Business English 2
  • [6 ECTS] Free elective course
    • [EFE-107] Public Speaking
    • [EFE-127] Debate and Presentation Skills
    • [EFE-108] Intercultural Studies
    • [EFE-108] Communication Skills
    • [EFE-110] Advanced Excel
    • [EFE-111] Advanced IT skills
    • [EFE-112] Advanced Word
    • [EFE-113] Google Apps
    • [EFE-114] Advanced Access
    • [EFE-115] Desktop Publications
    • [EFE-116] Web Publications
    • [EFE-129] Albanian Language and Writing Culture
    • [EFE-131] Albanian Language for Specific
    • [EFE-102] Academic Writing in English
    • [EFE-103] Academic Writing in Macedonian
    • [EFE-104] Academic Writing in Albanian
    • [EFE-105] German Language (level 1 to 4)
    • [EFE-117] Environmental Protection
    • [EFE-121] Professional Careеr Development
    • [EFE-132] Human Rights and Freedoms

Semester 4

  • [CBE-401] [6 ECTS] Operational Management
    The purpose of the course is for students to acquire knowledge to be able: - To prepare and make decisions in which products and services are made. - To prepare and make decisions in which products and services are controlled. - To find a suitable approach to solve any situation connected with the complex problems of products and services. - To learn about various activities of the organization and functioning of the overall system operating management. - To prepare and make decisions that creates conditions for products and services. Prerequisites for entering the course: Principles of Management.
  • [CBE-402] [6 ECTS] Financial Accounting
    The purpose of this course is to equip students with advanced knowledge of accounting and their application in the accounting system of business entities. Prerequisites for entering the course: Principles of Accounting.
  • [CBE-403] [6 ECTS] Marketing Management
    The purpose of this course is to prepare students to use and manage 4-Q of an organization or company, so they’re able to design optimal marketing element, products, pricing, promotion and distribution methods that companies face. Specifically, the goal is to understand the complexity of decisions in marketing management, as well as frameworks for analysis of markets, customers, competitors and integrating concepts from the original marketing plan. Prerequisites for entering the course: Principles of marketing.
  • [6 ECTS] Elective course
    • [EBE-403] Business Plan
    • [EBE-406] Investment Management
    • [EBE-408] Project Management
    • [EBE-409] Corporate Social Responsibility and Ethics
    • [EBEM-504] International Marketing
  • [6 ECTS] Elective course - English for specific purposes 2
    • [BEEN-01] Business English 1
    • [BEEN-02] Business English 2

Semester 5

  • [CBEE-501] [6 ECTS] International Economics
    Course aims: Students gain knowledge and skills to understand the difference between global creation, maintenance and modification in comparison with international strategies in terms of international business, to gain knowledge to perform cost-benefit analysis from a global perspective. To conduct SWOT analysis for various international companies and to learn new global markets. To understand the essence of global international business and the use of global communications. To define and use strategies for evaluating joint venture, unification and buying different companies in order to gain access to new markets. To bring solutions to the segmentation of markets and ways to access them.
  • [CBEF-502] [6 ECTS] Monetary Economics
    The main objective of this course is to introduce the student to the impact monetary policy on interest rates and asset markets, such as bond market and the stock market. In addition, the course will provide the students of the economics with the analytical tools necessary to analyze and solve relevant and current monetary economics issues. The monetary economics, however, which is the focus of this course, mainly deals with function of money and monetary aggregates, demand and supply for money, conduct of monetary policy, targets, tools and its operation. In addition, the monetary policy strategy, transmission mechanism of monetary policy, and monetary and fiscal policy will be discussed. Moreover, this course is intended to introduce students to the analytical techniques, instruments and policy issues relevant to monetary economies. An important objective of this course is to provide students with the ability to use appropriate techniques-tools of monetary economics analysis as to theoretical and applied problems relating to monetary economics. Prerequisites for entering course: Introduction to business and economy, macroeconomics, microeconomics.
  • [CBEF-503] [6 ECTS] Investment Economics
    The purpose of this course is for students to acquire relevant theoretical knowledge and practical skills in the sphere of investments and modern investment processes, as well as the micro plan and macro plan. The course will also train students through the analysis of investment as an economic category, motives and functions of investment, with special emphasis on the contribution of investment in economic growth and development of a national economy. Also this course aims to bring modern methods for determining and selecting the most effective real and financial investment to achieve greater profitability. Prerequisites for entering the course: Macroeconomics, Microeconomics.
  • [6 ECTS] Elective course
    • [EBEM-606] Career Development
    • [EBEM-602] Game Theory
    • [EBEM-603] E-Commerce
    • [EBEM-506] Risk Management
    • [EBEM-505] Management Information Systems
    • [EBEM-503] Business Communication
    • [EBEM-501] Corporate Management
    • [EBEF-504] Money and Banks
    • [CBEM-502] Human Resources Management
    • [EBEE-604] Environmental Economics
    • [EBEE-605] Economics of Public Funds
    • [EBA034] Local Economic Development
    • [EBEE-701] Business and Economic Modeling
    • [EBEE-702] Global Economics
    • [EBA050] European Integration Economics
    • [EBEE-801] Insurance Economics
    • [EBE-802] Economic and Political Systems
    • [EBEE-803] Behavioral Economics
    • [EBEM-703] Mathematical Methods and Models in Economics
  • [6 ECTS] Elective course
    • [EBEM-606] Career Development
    • [EBEM-602] Game Theory
    • [EBEM-603] E-Commerce
    • [EBEM-506] Risk Management
    • [EBEM-505] Management Information Systems
    • [EBEM-503] Business Communication
    • [EBEM-501] Corporate Management
    • [EBEF-504] Money and Banks
    • [CBEM-502] Human Resources Management
    • [EBEE-604] Environmental Economics
    • [EBEE-605] Economics of Public Funds
    • [EBA034] Local Economic Development
    • [EBEE-701] Business and Economic Modeling
    • [EBEE-702] Global Economics
    • [EBA050] European Integration Economics
    • [EBEE-801] Insurance Economics
    • [EBE-802] Economic and Political Systems
    • [EBEE-803] Behavioral Economics
    • [EBEM-703] Mathematical Methods and Models in Economics

Semester 6

  • [CBEM-601] [6 ECTS] Strategic Management
    The Strategic Management course is designed to expose students to the many facets of strategy which translated to why certain companies outperform their competition and gain sustainable competitive advantage. It is not a course on strategic planning but will provide students with the tools to perform a strategic analysis. The students will learn the process of strategic management beginning with the formulation of the philosophy and mission, analysing the internal and external environment, and analysing the companies’ competitive position. Major focus of the course is placed on Strategy Formulation - methods for analyzing industries and competitors within these industries and – Strategy Implementation.
  • [CBEF-602] [6 ECTS] Public Finance
    Objectives of the course: - Students will acquire knowledge of public finance as a major means of macroeconomic policies as a fundamental instrument for the functioning of a national economy as a whole and as a subsystem of an economic system of the country. - Students will acquire knowledge of public goods and externalities costs, allocation of public revenue allocation and reallocation of revenue, comparative aspects of public finance in developed countries and those in transition, the specifics of the fiscal systems of Macedonia, trends and challenges them, fiscal decentralization etc. - Students will gain knowledge of budget and extra-budgetary funds as the main instruments of fiscal policy, procedures about preparation, preparation, preparation, approval, implementation and control of the budget, and techniques of budget as the local and central level. - For students to create a clear picture of the functioning of a fiscal system, in terms of various fiscal theories that can performcomparative difference and find common points of operation of these systems in different countries. - Students are familiar with the main indicators of fiscal policy in the Republic, creating a real database in terms of long-term fiscal trends RM, encouraging students to work independent scholarly papers and essays on fiscal policy. Prerequisites for entering the course: Introduction to economy and business, macroeconomics, microeconomic.
  • [CBEF-503] [6 ECTS] Econometrics
    The purpose of this course is to learn the basics of econometrics, which will benefit students to conduct simple research Content: This course focuses on basic research methods that can be used within all social sciences. It pays attention to simple quantitative and qualitative research methods. This course is intended for individuals who need to conduct social research as part of academic studies. Prerequisites for entering the course: Business mathematics, Business statistics.
  • [6 ECTS] Elective course
    • [EBEM-606] Career Development
    • [EBEM-602] Game Theory
    • [EBEM-603] E-Commerce
    • [EBEM-506] Risk Management
    • [EBEM-505] Management Information Systems
    • [EBEM-503] Business Communication
    • [EBEM-501] Corporate Management
    • [EBEF-504] Money and Banks
    • [CBEM-502] Human Resources Management
    • [EBEE-604] Environmental Economics
    • [EBEE-605] Economics of Public Funds
    • [EBA034] Local Economic Development
    • [EBEE-701] Business and Economic Modeling
    • [EBEE-702] Global Economics
    • [EBA050] European Integration Economics
    • [EBEE-801] Insurance Economics
    • [EBE-802] Economic and Political Systems
    • [EBEE-803] Behavioral Economics
    • [EBEM-703] Mathematical Methods and Models in Economics
  • [6 ECTS] Elective course

240 ECTS (extended + 1 year)

Semester 7

  • [EBE-410] [6 ECTS] Business Law
    The purpose of the course is for students to gain basic knowledge of commercial law. In this way students are familiar with: the legal rules for carrying out business activity, way of organizing business entities, conditions for establishment and registration of business entities and sole proprietor, and by way of termination of business entities, ways to establish business and legal terms, conditions for the occurrence of such relationship, the effects and consequences, the work of securities: how to protect industrial property rights, ways of protecting businesses from unfair competition: how to protect consumers and others.
  • [CBEE-701] [6 ECTS] Economic Growth and Development
    The aim of this course is to use the institutional approach to study the development process and to analyze the roots of developmental and anti-developmental experiences in countries, regions and organizations. The approach addresses institutional theories of political science, sociology and the new institutional economics. The objectives of the course are: • To explain institutions and organizations from theoretical aspects; • To analyze the development implications of different organizational forms; • To study the coordination in an environment of continuous growth of the complexity of institutional systems, which are characteristic of developed countries; • To explore how characteristics of this complex interdependence are related to the persistence of high and low states of development..
  • [CBE-702] [6 ECTS] Sectoral and Industrial Policies
    Course Objectives: • To be able to use methodological approach that describes technology policy, macro and micro level; • To gain the ability to form a creative relationship to the new changes and their integration into development policies at the enterprise level and at the level of national economy • To gain knowledge of technological development policies and related structural changes in national economies in developing countries and especially in countries in transition to a market economy; • To gain knowledge of the theoretical aspects of the creation and dissemination of innovation in the age of globalization; • To gain the ability for comparative analysis of the technological capabilities between different countries; • To understand the causality between technology policy and international economic relations between technological developments and changes;
  • [6 ECTS] Elective course
    • [EBEM-606] Career Development
    • [EBEM-602] Game Theory
    • [EBEM-603] E-Commerce
    • [EBEM-506] Risk Management
    • [EBEM-505] Management Information Systems
    • [EBEM-503] Business Communication
    • [EBEM-501] Corporate Management
    • [EBEF-504] Money and Banks
    • [CBEM-502] Human Resources Management
    • [EBEE-604] Environmental Economics
    • [EBEE-605] Economics of Public Funds
    • [EBA034] Local Economic Development
    • [EBEE-701] Business and Economic Modeling
    • [EBEE-702] Global Economics
    • [EBA050] European Integration Economics
    • [EBEE-801] Insurance Economics
    • [EBE-802] Economic and Political Systems
    • [EBEE-803] Behavioral Economics
    • [EBEM-703] Mathematical Methods and Models in Economics
  • [6 ECTS] Free elective course
    • [EFE-107] Public Speaking
    • [EFE-127] Debate and Presentation Skills
    • [EFE-108] Intercultural Studies
    • [EFE-108] Communication Skills
    • [EFE-110] Advanced Excel
    • [EFE-111] Advanced IT skills
    • [EFE-112] Advanced Word
    • [EFE-113] Google Apps
    • [EFE-114] Advanced Access
    • [EFE-115] Desktop Publications
    • [EFE-116] Web Publications
    • [EFE-129] Albanian Language and Writing Culture
    • [EFE-131] Albanian Language for Specific
    • [EFE-102] Academic Writing in English
    • [EFE-103] Academic Writing in Macedonian
    • [EFE-104] Academic Writing in Albanian
    • [EFE-105] German Language (level 1 to 4)
    • [EFE-117] Environmental Protection
    • [EFE-121] Professional Careеr Development
    • [EFE-132] Human Rights and Freedoms

Semester 8

  • [CBE-803] [6 ECTS] Labor Market
    The main aim of the course “Labor Market” is to provide students with basic and in-depth knowledge in the field of labor market theory and the mechanism of functioning of the market economy. The objective of the course Labor Market is to provide and teach students about categories, laws and basic principles through which the labor market functions. The course makes a detailed analysis of behavior pattern and the role that key agents play in labor market: individuals, companies and government. The analysis is based on two basic categories - labor demand and labor supply, which are applied in almost all the topics that are addressed in this course. The knowledge gained by the students from this course, serves as essential theoretical basis necessary to understand and grasp the different theories and policies that are applied in the labor market. The course teaches students to understand how labor markets distribute and use efficiently the rare factor of production- the labor. Lectures include knowledge about the concepts of labor demand and labor supply and their practical application; behavior of individuals in the labor market, in order to maximize their usefulness; behavior of companies in the labor market, aiming profit maximization; government`s role in the labor market, the different structures of labor markets: labor market in full competition, monopoly in the labor market, the role of unions in the labor market, the bilateral monopoly in the labor market. Lectures and class discussions cover material that may not be in the book and some aspects of the material contained in the basic literature will not be discussed in class, but are left for active studying of the student. Therefore in order the student to achieve success in learning the course is to be present in lectures and workshops by participating actively in the discussion of various issues related to labor market.
  • [CBEE-804] [6 ECTS] Research Methods in Social Sciences
    Aims of the course program: • describe the key components of social research; • develop skills and knowledge about quantitative and qualitative social research; • identify criteria used to evaluate the quality of social research;
  • [EBE-407] [6 ECTS] Financial Markets and Institutions
    The purpose of this course is to familiarize students with the basic principles of the functioning of financial markets (money markets, capital markets, foreign markets, etc) and financial institutions (banks, insurance companies, pension funds, investment funds etc) which are extraordinarily important part of every national economy and the world economy as whole.
  • [6 ECTS] Elective course
    • [EBEM-606] Career Development
    • [EBEM-602] Game Theory
    • [EBEM-603] E-Commerce
    • [EBEM-506] Risk Management
    • [EBEM-505] Management Information Systems
    • [EBEM-503] Business Communication
    • [EBEM-501] Corporate Management
    • [EBEF-504] Money and Banks
    • [CBEM-502] Human Resources Management
    • [EBEE-604] Environmental Economics
    • [EBEE-605] Economics of Public Funds
    • [EBA034] Local Economic Development
    • [EBEE-701] Business and Economic Modeling
    • [EBEE-702] Global Economics
    • [EBA050] European Integration Economics
    • [EBEE-801] Insurance Economics
    • [EBE-802] Economic and Political Systems
    • [EBEE-803] Behavioral Economics
    • [EBEM-703] Mathematical Methods and Models in Economics
  • [CBE-802] [6 ECTS] Project - Case study
    Course objectives: - To encourage students to engage in active learning; - To provide opportunity for development of key skills such as communication, group working and problem solving; - To allow the application of theoretical knowledge, thus, bridging the gap between theory and practice; - To assist students in coping with ambiguities; - To enable students to generate and evaluate numerous possible solutions;
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