The course starts with a basic but rigorous introduction to economic concepts and tools of analysis. It then moves on to discuss introductory microeconomic supply and demand analysis and different market structures.

1. Fundamentals of Economics in
ABMS SWITZERLAND
UNIVERSITY

2. The course starts with a basic but
rigorous introduction to economic
concepts and tools of analysis. It then
moves on to discuss introductory
microeconomic supply and demand
analysis and different market structures.

3. The macroeconomic section of the
course commences with the circular flow
of income and the multiplier which are
used as the bases of a discussion of the
impact of government activity and
foreign trade upon economic activity.

4. We then turn to the consideration of
money, banking and monetary policy and
the effect of these upon the level of
economic activity. This leads into an
overview of IS/LM analysis, of the different
schools of macroeconomic thought and
finally of introductory issues of international
trade.

5. Throughout the course we will reflect
the textbook’s approach of seeking to
relate the theory covered to current
data on the Swiss and world economies.

7. Learning Outcomes
Discuss and explain the problems of,
and the difference between
macro and microeconomics, including
the basic theories of demand and
supply. Describe the fundamental
principles of and also the workings of
the international trade system.

8. Explain and evaluate the Keynesian,
Classical and Monetarist schools of thought,
and the models to which they give rise; and
the concept of national income as a
measure of societal well being.
Evaluate the rationale for the various fo
rms of Government

9. Intervention in the economy, and
provide analyses of the likely effects of
fiscal and monetary policy in each of the
different models
upon all of the important macroecon
omic variables (e.g. employment,
national income, output and inflation).

10. Apply supply and demand analysis to
the working of markets both in
equilibrium and disequilibrium, including
examination of the effects of such
matters as price restrictions, quotas and
taxation.

11. Demonstrate the effects of different
market structures (perfect competition,
monopoly, monopolistic competition and
oligopoly) upon the conduct (particularly
pricing policy) and performance of
business organisations, and give examples
of the forms and effects of government
intervention in this area.

12.  Apply economic theories to a range of
business problems and suggest possible
solutions based on these theories.
 Apply quantitative techniques to well
specified problems.
 Study Language: this study program
taught entirely in English.

13. Advance Your Expertise at ABMS
 Connect with learners and leaders just
like you in our online associate
bachelor's programs. You will go as far
as your mind will take you as a
diploma or associate bachelor's
student at ABMS.

15. For Professionals
 The Swiss Diploma (Year 1) or Associate of
Bachelor's of Business Administration degree
signifies the first level of achievement in any
academic discipline. In our executive
bachelor's programs, you will:
 Develop and practice innovative research
methods.

16.  Earn the highest quality of education.
 Achieve the expertise to publish in peer-
reviewed journals.
 Become a successful researcher and
professional.

17. Associate Bachelor's Degree/ Swiss Diploma:
2 years/ 1 year
We have 4 intakes per year: January,
April, July, and October
The Swiss diploma associate
bachelor's degree will take your
leadership to the next level. In our
associate bachelor's programs, you
will:

18.  Lay the foundation for future for
studies and professional acheivement.
 Study and apply innovative research
methods.
 Combine applied research and
professional practice.

19.  Prepare to make an impact in policy and
practice.
 Learn strategies to facilitate more effective,
adaptable organizations and create positive
change.
 Become a more innovative leader in your
field.

20. Admission Requirements:
This study program is the 1st academic
year of the Bachelor study program
 Duration: one year
 Degree: Diploma in Fundamentals of
Economics
 Age: Minimum age 17 years

21.  Previous study: High school Diploma or
equivalent
 English level: IELTS or equivalent (Only
for students from non-English speaking
countries or students who did not study at
English speaking school)
 Study Method: Online
 Fee: 4900 Euro

22. Modules:
 Essentials of Management
 Fundamentals of Economics
 Communications for Business
 Understanding Business Organisations
 Business Mathematics
 Introduction to Finance
 eBusiness
 Principles of Marketing

23.  Note: Study fee does not include application
and reservation fee (to guarantee you a study
place) of 240 Euro (onetime payment and
non-refundable).
 European Credit Transfer and
Accumulation System: this program is
equivalent to 60 ECTS
 European Qualifications Framework: this
program is equivalent to EQF Level 4

24. For more update, visit us
https://www.abmswiss.com/ABMS/Accr
editation-Recognition