Applied economics
Applied economics program
The Applied Economics program aims to train participants on the principles of economics every businessman should govern with. The most important areas of macroeconomics and microeconomics are covered, primarily from a practical point of view. Participants will have the opportunity to get acquainted with; the economic picture of Serbia; the way in which Serbia’s economic policy is conducted; opportunities to anticipate and include macroeconomic size in their business; modern business techniques of revenue and cost management; sources of financing they can rely on.
The key thematic areas that will be covered by the Applied economics program are the economic picture of Serbia, how to manage the (macro) economy, the economic picture of the company, and how to manage the company.
The module program is based on the presentation of concepts, mechanisms, data, the implication of economic flows on the company, confrontation of opinions and interaction with participants, as well as special case studies of different areas of economics.
For whom is the Applied economics program intended.
The Applied economics module is intended for middle and senior-level managers. Namely, those who need to know macro and microeconomic concepts, mechanisms, and data. The module is important for all those who need to apply and design various economic aggregates and variables in their business, from indicators of economic strength (GDP) to interest rates, inflation, exchange rates, and others. Also, the module is important for all those who need help in understanding and applying the basic areas of microeconomics, knowledge of different concepts of costs, price formation, analysis of the market situation, as well as help in making business decisions that determine the income and expense of a given company.
Applied economics program topics
- 10 unavoidable principles of applied economics
- Macroeconomics of Serbia and Serbia’s place in the region, as well as the world
- How and what governors and finance misters decide
- How to predict interest rates, inflation, and exchange rates
- Revenue and cost management and the break-even point of profitability
- Are there alternatives to borrowing and using one’s own funds when it comes to financing?
- Adjusting the business depending on the phase of the company’s life cycle