Economics Analysis for Business is a profile based upon the knowledge and capabilities of economics and economic institutions.
This is a highly demanded profile in institutions and businesses. Graduates are able to analyse a business environment and capacities and the internal situation in business organisations and produce reports from macro- and micro-level analysis.
As well as training in specific subjects, this profile develops cognitive and transferable skills. In addition to these skills, abstract thinking, critical analysis, synthesis, summary and evaluation, as well as planning and learning management, investigative research skills, solutions tasks, interactive communication and presentation, group work skills and psycho-motor skills are developed throughout the study programme.
These skills expand upon the knowledge and capacities gained from the main business modules and, together, these elements provide students with excellent potential for further development of their skills.
Second year modules: Macro-economics II, Micro-economics II, and Research Methods. Third year modules: Econometrics, Development Economics, and Internship at Riinvest Institute, providing economics analysis for business professionals and future researchers who carry the mark of a competent economist.
Given the current level of unemployment in Kosovo, the circumstances surrounding lack of development and economic stagnation, foreign investment, remittances from abroad, negative trade balance due to reduced exports, the problems facing companies to understand, analyse and plan for their business environment make this profile of particular importance and distinct from those on offer at other institutions of higher education in Kosovo.
Following completion of the course, graduates will be able to:
- analyse economic indicators and trends, assess how markets function, how economic resources are allocated, and when markets may fail to function properly
- understand major problems of Kosovo’s economic development, its resources and potential and its economic relations with other countries
- clarify verbal and written explanations and application of economic analysis of socio-political issues
- analyse the local and global business environments
- analyse social phenomena in the context of their interrelationship with economic outcomes
- use appropriate statistical data and graphical analysis to demonstrate the effects of changes in significant variables of economic outcomes
- understand the techniques and the performance of research in economics and business, and develop a research project
- identify and critically evaluate ethical issues in business and legal business environments in order to understand and see the consequences of the development of businesses, communities and the country at large.
Semester I—Common for All
1 O Micro-economics I – Hours/Week 3+2 – ECTS 9
2 O Business Mathematics – Hours/Week 3+2 – ECTS 9
3 O Business English I – Hours/Week 2+1 – ECTS 6
4 O Academic and Business Skills – Hours/Week 2+1 – ECTS 6
Semester II—Common for All
1 O Macro-economics I – Hours/Week 3+2 – ECTS 9
2 O Business Law – Hours/Week 2+1 – ECTS 6
3 O Informatics – Hours/Week 2+1 – ECTS 6
4 O Statistics – Hours/Week 3+2 – ECTS 9
Semester III—Common for All
1 O Management – Hours/Week 2+1 – ECTS 9
2 O Marketing – Hours/Week 2+1 – ECTS 6
3 O Accounting – Hours/Week 2+2 – ECTS 9
4 O Entrepreneurship and SMEs – Hours/Week 2+1 – ECTS 6
Semester IV—Specialisation: Economics Analysis for Business
1 C Research Methods – Hours/Week 2+2 – ECTS 8
2 C Micro-economics II – Hours/Week 3+2 – ECTS 8
3 C Macro-economics II – Hours/Week 3+2 – ECTS 8
4 C An elective module or Business English for those not achieving level B1 – Hours/Week 2+1 – ECTS 6
Semester V—Common for All
1 E European Economy and Integration – Hours/Week 2+1 – ECTS 6
2 E Project Management – Hours/Week 2+2 – ECTS 9
3 E International Business – Hours/Week 2+1 – ECTS 6
4 E Public Finance – Hours/Week 2+2 – ECTS 9
Semester VI—Specialisation: Economic Analysis for Business
1 C Econometrics – Hours/Week 2+2 – ECTS 9
2 C Development Economics – Hours/Week 2+2 – ECTS 9
3 C Internship at Riinvest Institute – Hours/Week 2+1 – ECTS 6
4 E One of the following:
1. Business Ethics
3. Consumer Behaviour and Consumer Relationships
4. Economic Sociology – Hours/Week 2+1 – ECTS 6