The module provides a general coverage of the main issues and debates in business economics and the macroeconomic environment Part 1 focuses on the following topics.- price theory
- industrial organisation
- economics of competition
- competition policy
- regulation of natural monopolies
- deregulation of oligopolistic markets
Part 2 focuses in particular on the following aspects: - Growth and productivity
- The problems of inflation and unemployment
- The balance of payments, exchange rates and trade
- Fiscal Policy and the role of the state
- Monetary policy and the role of central banks
- Common Currency areas and the European Monetary Union
- The Economic crisis 2007-2009
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