DOMUNI UNIVERSITAS

English for Economics

English for Economics

This course aims at expanding students’ vocabulary and improving their understanding of the body of knowledge in Economics

 

Code du cours: SHS-ETC09

Professeur : Dr Srecko Koralija

ABOUT THE COURSE

As this course is designed for individuals who already have a foundational understanding of the subject, students are encouraged to voice their desires if they wish to delve deeper into specific economics topics for their studies and research. 

LEARNING OUTCOMES

Students will better use the technical vocabulary specific to economics and management, and understand better how to communicate in an official environment.

COURSE PLAN

Chapter 1: Recruitment, selection and labour relations
Chapter 2: Efficiency and employment
Chapter 3: Company structure
Chapter 4: Resources
Chapter 5: Budget and taxes
Chapter 6: Business associations
Chapter 7: Advertising and marketing
Chapter 8: Finance and pricing
Chapter 9: Public investment
Chapter 10: FINAL EVALUATION

Why is it interesting to study the course "English for Economics ?

Chapter 1: Recruitment, Selection, and Labour Relations

  • Understanding Workforce Dynamics: Gain insights into the processes and strategies behind hiring, managing, and retaining employees, which are crucial for organizational success.
  • Labour Relations: Learn about the interactions between employers and employees, including negotiation, conflict resolution, and union relations, which are vital for maintaining a harmonious workplace.

Chapter 2: Efficiency and Employment

  • Optimizing Performance: Study the principles of maximizing efficiency in the workplace, leading to better productivity and reduced costs.
  • Employment Trends: Explore how employment patterns and practices impact overall economic efficiency and organizational effectiveness.

Chapter 3: Company Structure

  • Organizational Design: Understand different types of company structures, from startups to multinational corporations, and how they influence business operations.
  • Decision-Making: Learn how company structure affects decision-making processes and organizational hierarchy.

Chapter 4: Resources

  • Resource Management: Delve into how businesses acquire, allocate, and utilize resources, including human, financial, and physical resources.
  • Sustainability: Discuss sustainable resource management practices and their economic implications.

Chapter 5: Budget and Taxes

  • Financial Planning: Study the importance of budgeting for businesses, including forecasting revenues and expenditures.
  • Taxation: Gain knowledge about tax policies and their impact on business decisions and profitability.

Chapter 6: Business Associations

  • Networking: Learn about different types of business associations and their roles in supporting businesses through networking, advocacy, and shared resources.
  • Collaborations: Understand the benefits of collaborations and partnerships within and across industries.

Chapter 7: Advertising and Marketing

Market Strategies: Explore effective advertising and marketing strategies to reach and engage target audiences.

Brand Management: Study how businesses build and maintain strong brand identities and market presence.

Chapter 8: Finance and Pricing

  • Financial Management: Gain insights into financial principles, including capital management, investment strategies, and financial risk assessment.
  • Pricing Strategies: Learn about different pricing models and strategies to maximize profitability while remaining competitive.

Chapter 9: Public Investment

  • Economic Development: Understand the role of public investment in economic development and infrastructure.
  • Policy Impact: Analyze how government policies and investments affect private sector growth and economic stability.

Chapter 10: FINAL EVALUATION

  • Integration of Knowledge: Assess your understanding and ability to apply the concepts learned throughout the course.
  • Critical Thinking: Demonstrate critical thinking and problem-solving skills through comprehensive evaluations.

Overall Benefits of the Course

  • Holistic Understanding: This course provides a comprehensive overview of key economic principles and business practices, making it valuable for aspiring economists, business professionals, and entrepreneurs.
  • Practical Application: The course content is designed to be highly practical, offering real-world applications and case studies to enhance learning.
  • Language Skills: Studying these topics in English helps improve your language proficiency, especially in business and economic contexts, which is beneficial in a globalized economy.
  • Career Advancement: Knowledge gained from this course can be directly applied to various careers in economics, business administration, finance, marketing, and human resources.
  • In summary, studying "English Economics" with these chapters offers a well-rounded education that combines economic theory with practical business skills, providing valuable insights and tools for professional success in a globalized business environment.