Economics is defined as "the study of the production, distribution and consumption of goods and services in human society" in the Economist's Dictionary of Economics. The objective is to explain how economies work and how economic agents interact. Simply put, economics is the study of how people choose to use resources including, but not limited to the time, the land, buildings, equipment and the knowledge. It has unique methods for analyzing and predicting individual behavior, along with the effects of institutions such as firms and governments, or clubs and religions.
Economics is divided into two main branches; microeconomics and macroeconomics. Microeconomics looks into the behavior of basic elements in the economy, including individual markets and agents (such as consumers and firms, buyers and sellers). For instance, how the change of the price of a good would influence a family's purchasing decisions would be of interest to microeconomics. Macroeconomics, on the other hand, examines the sum total of the decisions made by individuals in a society. Hence it looks into issues affecting an entire economy such as unemployment, inflation, economic growth, and monetary and fiscal policy. As such, how a change in interest rates would influence national savings would be an issue of interest for macroeconomics.
The Master in Professional Accounting program at The University of Texas at Austin has been widely recognized as the leading graduate accounting program in America. It has been ranked number one by US News & World Report for the past six years.
The MSc Management in a Service Economy is designed for those who want to work in a global setting and have a passion for service in the changing global world. The course addresses the needs of the service-centred global business world, for whom service counts. It creates graduates with the necessary knowledge and expertise to manage international service organisations and who stand out from the crowd.
The Masters of Arts in Management prepares students to become authentic, transformational leaders capable of managing organizational change and effectiveness. Students will explore leadership and organizational management theories, concepts and practices necessary to become effective visionaries capable of developing strategic initiatives geared toward making an impact on organizations’ human capital, systems and processes.
Chicago Booth offers a complete range of Full-Time, Evening MBA and Weekend MBA, and Executive MBA programs. All programs offer the same powerful, effective business education that prepares you to solve the greatest business challenges. And each will transform the way you think about businessAll our programs offer the same degree, taught by the same world-class faculty, with the same peerless standard of quality. Only the format differs. You choose the one that meets your interests, goals, experience, and availability.
The program will teach you to challenge conventions and go beyond established pathways, and equip you to lead and manage decisively in a complex business world. As a QUT MBA student you will critically analyse business situations and develop innovative solutions to real-world cases. Through flexible and innovative units, you will develop the skills essential to becoming a global business professional.
The graduate program in Economics is designed for students who wish to gain a thorough theoretical and empirical knowledge of key economic principles. Students will be endowed with in-depth understanding of recent economic issues and are expected to develop a high level of autonomy with regard to research and methodology.
Chicago Booth offers a complete range of Full-Time, Evening MBA and Weekend MBA, and Executive MBA Programs. All programs offer the same powerful, effective business education that prepares you to solve the greatest business challenges. And each will transform the way you think about business.
Pharmacoeconomics is a scientific field that evaluates and compares the value of one drug or therapy to another. Pharmacoeconomic studies serve to guide optimal healthcare resource allocation, in a standardized and scientifically grounded manner. In this track, students will learn to critique and apply pharmacoeconomic methods involving cost minimization, cost effectiveness, cost utility, and cost benefit to improve clinical decision making.
It is our ambition to prepare future managers with strong marketing and negotiation skills for the challenges of implementing efficient marketing strategies in today’s evolving and complex business world.
The Master of Arts in Political Science degree program is designed to offer the graduates of diversified undergraduate programs an opportunity to obtain proficiency in traditional fields of study within political science.
The LLM Law and Economics is a joint programme offered by the Centre for Commercial Law Studies and the School of Economics and Finance at Queen Mary University of London. It is a specialist programme which aims to provide rigorous training in theoretical and applied economic analysis as a means of analysing law and the legal framework. It is designed for students with an academic background in Law or Economics.
Taught in collaboration with the Johannes Kepler University Linz (Austria) and the University of Bergamo (Italy), this programme combines teaching modules in three countries to cover the foundations of general managerial theory and practice on the international level, elements of management, and negotiation skills. Students study either German or Italian and gain work experience through internships with Italian companies.