| 1 | Applied Microeconometrics | EBM110A05 |
| This course provides a thorough understanding of microeconometric methods. During the course applications of the different methods are discussed mainly in the fields of consumption (saving) behavior, labor economics, industrial organisation and financial economics. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | prof. dr. A.P. van Vuuren | | Docent(en) | M. Kesina, PhD.prof. dr. A.P. van Vuuren | | Onderwijsvorm | gecombineerde hoor-/werkcolleges | | Toetsvorm | -groepsopdracht, -individuele opdracht | | ECTS | 5 | | Entreevoorwaarden | (Exchange) students should have a solid background in Mathematics, Statistics, and Econometrics at a level comparable to students who completed the BSc EOR. | | Opmerkingen | Secretary: Kim Beute, phone: +31(0)50 36 37018, e-mail: k.beute@rug.nl. |
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| 2 | Asset and Liability Management | EBM111A05 |
| The total invested assets of pension funds and insurance companies worldwide adds up to over $65 trillion. In this course we discuss how these long term institutional investors set their strategic asset allocation (SAA) using Asset Liability Management (ALM) models. We discuss ALM both from an academic and from a practical perspective. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | dr. E.L. Kramer | | Docent(en) | dr. E.L. Kramer | | Onderwijsvorm | -gastcollege , -hoorcollege | | Toetsvorm | -groepsopdracht, -groepspresentatie, -schriftelijk tentamen (open vragen) | | ECTS | 5 | | Entreevoorwaarden | Affinity with math, statistics and finance | | Opmerkingen | Info: Dr Bert Kramer, e-mail: e.l.kramer@rug.nl.
Secretary: Martine Geerlings-Koolman, phone: +31(0)50 36 37018, e-mail: m.a.koolman@rug.nl. |
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| 3 | Behavioural Finance & Personal Investing | EBM806B05 |
| Behavioral Finance (BF) is a new development in the field of finance, which has been going on for more than two decades now. This development has not only affected academic finance, but has also gained profound interest from practitioners, in particular in the field of investments. In BF, empirical phenomena are being analyzed in terms of behavioral characteristics. In doing so, it explicitly deviates from the rational decision-making approach of financial economics. In this course we will focus mainly on individual investor psychology and behavior and contrast it with the neo-classical approach. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | dr. M.M. Kramer | | Docent(en) | drs. F. Febbrarodr. M.M. Kramer | | Onderwijsvorm | -hoorcollege , -werkcollege | | Toetsvorm | -individuele opdracht, -schriftelijk tentamen (open en mc vragen) | | ECTS | 5 | | Entreevoorwaarden | Students have a bachelor in Economics or Business, or related. | | Opmerkingen | Secretary: Grietje Pol, phone: +31 (0)50 363 3685, e-mail: g.pol@rug.nl, room: 5411.0836.
The course literature mentioned in the above is only indicative. The final reading list of the course will be published in due time. |
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| 4 | Business Ethics | EBM043A05 |
| Bonuses, board diversity, consumer rights, corporate social responsibility, suggestive or deceptive marketing techniques, bribes to get international contracts—ethics is everywhere in business. But research in moral psychology shows that we often fail to see what is morally important about a situation. And if we do see it, we often don’t know how to deal with it. And even if we know how to deal with it, we often don’t act accordingly. For all sorts of reasons. This course takes a practical approach to business ethics. Its main objectives are to foster sensitivity to moral aspects of decisions; to teach analytic skills that help you take a position in moral debates and to give a reasonable justification for your position; and to develop ways to successfully cope with moral dilemmas and issues. We examine the main normative theories in business ethics, moral psychology, corporate social responsibility, customer relations, and the environment; we consider specific moral issues in accounting, finance, international business management, and marketing; and we approach these theories, arguments, and concepts in highly interactively ways, devoting significant part of the time to a number of important and well known cases from business ethics by means of collaborative in-class assignments. |
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| 5 | Business Research and Consulting | EBM151A05 |
| Mixed teams of maximum four students (both from bachelor and master programmes in Economics and Business or Industrial Engineering & Management) will examine a real managerial issue. They translate the issue into a problem statement that can be addressed within the time frame of this course. Inherent parts of this course are that mixed teams of students 1) visit the company, 2) carry out desk research and literature search, 3) develop a research design (qualitative and/or quantitative), 4) analyze the results 5) draw conclusions and 6) propose a feasible solution including implementation steps to address the problem of a company. Master students have to reflect on the research process from methodological and theoretical perspectives and their role as master-level consultant and researcher. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | dr. S. Tillema | | Docent(en) | drs. ing. B.S. Baalmansdrs. G.F. HaanstraDr. L. Marusterdrs. M.D. Zweers | | Onderwijsvorm | -groepsbegeleiding , -practicum, -werkcollege | | Toetsvorm | -groepsopdracht | | ECTS | 5 | | Entreevoorwaarden | 1. You cannot enroll to this course in Progress, but have to fill out the webform on www.rug.nl/feb/brc no later then two weeks before the enrolment period ends. If more students apply than the available capacity in a block, we do a selection based on the submitted forms. 2. You will hear from us whether you are admitted to the course in time for you to enroll for another elective if needed.
3. You cannot register for this course in Progress: we will take care of that for you. | | Opmerkingen | Enrolment is not through Progress, but through a webform available at www.rug.nl/feb/brc As we cannot guarantee there will be enough positions for all applying students, we will close the enrollment period for this course two weeks earlier than the normal period. You will be informed in time if you are not admitted, which will enable you to register for another elective in Progress. The companies that participate in this course will be arranged by FEB Career Services. This course will be given in English, but in some cases communication (e.g. with companies) might be in Dutch. BR&C will run in every half-semester. Upon completion of the course, master students will receive 5 credits. In some master programmes, the course might not be listed as a recognized elective, in which case you have to contact your programme director in order to find out whether you may list it as an elective course within or on top of your programme. Please do so before you apply through the webform in order to avoid disappointments. |
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| 6 | B2B Marketing | EBM808B05 |
Firms operating in a business-to-business (B2B) environment acquire goods and services either for their own use, to incorporate into the products or services that they produce, or for resale along with other products and services to other firms, institutions, or the government. Although the majority of the global transaction volume takes place in a B2B context, literature traditionally focuses on the marketing of fast-moving consumer goods. However, since most firms operating in a B2B environment have moved away from a more technical-oriented to a more market and customer driven focus, B2B marketing becomes increasingly important.
B2B marketing can be defined as the process of understanding, creating and delivering value to targeted business markets and customers. Understanding and quantifying the value for customers and the value of customers are the cornerstones of B2B Customer Value Marketing (CVM). This course therefore covers the following topics:
- Understanding business markets, customers and relationships
- Segmenting customers on value of the customer and value for the customer
- Developing value propositions for target segments
- Organizing the elements of the value proposition like products/services, service, customer relationship management, pricing/total cost and risk reduction in B2B markets
- Developing a business case and understanding the results of CVM
The topics are discussed in lectures, tutorials, and case studies. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | dr. J.P.R. Thomassen | | Docent(en) | M.R. Padigar, PhD.dr. J.P.R. Thomassen | | Onderwijsvorm | -hoorcollege , -werkcollege, -gastcollege | | Toetsvorm | -groepsopdracht, -schriftelijk tentamen (open en mc vragen) | | ECTS | 5 | | Opmerkingen | Students who have followed the course 'International Business & Supply Chain Marketing' participate in this course. MSc SCM students can only participate in this course with permission from the programme director of the MSc SCM. For more information contact the secretary: marketing.education@rug.nl |
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| 7 | Comparative Corporate Governance | EBM083A05 |
| The world of the corporate upper echelons has changed rapidly and significantly in the last two decades. Ongoing corporate scandals and the global financial crisis of 2008 have generated important questions about the concentration of power at the top of large corporations. Who runs these large corporations? How are these executives monitored and on behalf of whom? What is the basis of such corporate governance systems, and how do these systems change over time? What determines differences and similarities between corporate governance systems between countries? What does the increasing concentration of capital in the hands of large institutional investors and the super-rich imply for this system? And very recently, how does the system survive a huge economic shock stemming from global pandemics like the spread of corona virus? Do present day corporations have the right purpose and still serve the needs of society? This course introduces students to the recent debates in this field to help them develop a better understanding of the inner circles of corporate power and its consequences. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | dr. K. van Veen | | Docent(en) | Dr. E. Mendirattadr. K. van Veen | | Onderwijsvorm | -hoorcollege , gecombineerde hoor-/werkcolleges | | Toetsvorm | -groepsopdracht, -groepspresentatie, -individuele opdracht, -schriftelijk tentamen (open vragen) | | ECTS | 5 | | Opmerkingen | Secretariat GEM: e-mail gem.feb@rug.nl, phone +31(0)50 363 3458, room 5411.0538
Coordinator: e-mail k.van.veen@rug.nl |
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| 8 | Comparative Environmental Analysis | EBM084B05 |
| This course aims to familiarize students with the most widely used frameworks in comparative analysis in the field of International Business and Management. Focusing on the role of institutional and cultural diversity in International Business, students learn how leading frameworks have been constructed and how to set-up and conduct comparative analysis on their own. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | prof. dr. S. Beugelsdijk | | Docent(en) | prof. dr. S. Beugelsdijk | | Onderwijsvorm | -computer practicum, -hoorcollege , -werkcollege | | Toetsvorm | -groepsopdracht, -schriftelijk tentamen (open vragen) | | ECTS | 5 | | Entreevoorwaarden | Admittance to the MSc IB&M and/or IEB | | Opmerkingen | GEM secretariat: phone +31 (0)50 363 3458, e-mail gem.feb@rug.nl, room 5411.0538 |
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| 9 | Consumer Psychology | EBM074A05 |
| Whether it concerns the design of advertisements, store design or loyalty programs, all marketing strategies are built on assumptions about consumer psychology. This course aims to provide students with a better understanding of the motives and cognitive capacities that determine consumers' behavior. An array of (social) psychological theories and findings will be discussed, as well as their relevance in understanding and predicting consumer behavior. Course topics include, amongst others, (un-)consious processes, self-regulation, emotions and well-being, and social influence. The course consists of lectures (given by the course coordinator and other experts in consumer psychology), as well as group assignments in which students apply findings and theories from consumer psychology to specific marketing issues. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | Dr. S.A.E.G. Albalooshi | | Docent(en) | Dr. S.A.E.G. Albalooshidr. J.W. Bolderdijk | | Onderwijsvorm | -hoorcollege , -werkcollege | | Toetsvorm | -groepsopdracht, -schriftelijk tentamen (open en mc vragen) | | ECTS | 5 | | Entreevoorwaarden | This course is not open to MSc Psychology students due to too much overlap. | | Opmerkingen | Dr Albalooshi is the coordinator f this course in halfsemester 1.2 (phone +31 (0)50 363 33648). Dr Bolderdijk is coordinator in halfsemester 2.2. Any questions regarding this course should be directed to course lecturers. Please note that, in semester 1.2, this course is only for students from the MSc Marketing. In 2.2 also non-marketing students can participate, including a max of 10 Exchange Students.
Secretary Marketing (B. Wever): room 5411-0334, e-mail marketing.education@rug.nl, phone +31(0)50 363 7065 |
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| 10 | Country Studies | EBM093A05 |
| What are the opportunities and bottlenecks for economic development in a country? What are the lessons for government policies? In this hands-on course, you will analyze the causes and consequences of economic development in a specific country. As part of a small team, you will focus on one particular theme such as the education system, trade, the business environment or the financial sector. Your analysis will be based on academic literature and on statistical data sources. The literature on your theme will be introduced in thematic groups with members from other country teams. The analysis of your theme forms one chapter of the final country report. The insights from the different analyses by the group members are synthesized into a summary chapter to provide useful information for policy makers about the prospects for economic growth in your country. Together with your team, you will analyze growth patterns and discuss the findings and policy recommendations from your report with the lecturers and other course participants. Your final course grade is based on an individual grade for the chapter you contribute to the country report; a grade for the quality of the feedback you provide to fellow students; a group grade for the summary chapter that synthesizes the other chapters; and a group grade for a development accounting exercise. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | K.M. Wacker, PhD. | | Docent(en) | Dr. A. MinasyanDr. A.C. Steiner K.M. Wacker, PhD.Dr. R.H.T. Wiese | | Onderwijsvorm | -groepsbegeleiding , -individuele begeleiding, -hoorcollege , -practicum | | Toetsvorm | -groepsopdracht, -individuele opdracht | | ECTS | 5 | | Entreevoorwaarden | Bachelor's degree in Economics and Business Economics or comparable qualification. Builds on knowledge of macroeconomics and economic growth. | | Opmerkingen | Secretary GEM: gem.feb@rug.nl, +31(0)50 363 3458, 5411.0538
Coordinator: k.m.wacker@rug.nl |
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| 11 | Dependence & Extremes in Risk Management | EBM113A05 |
| The normal distribution is the one most used in theoretical and practical work, because of its tractability. However, it imposes strong restrictions on extremes, and dependence (in the context of multivariate random variables). In this course, we explore alternatives to the distribution, and argue that modern risk management should be focusing on tail behaviour. Also, we treat an alternative way to model dependence between random variables: by specifying the marginal distributions and the dependence structure separately, using copula's. Even though models in risk management provide the leading examples, the methods are widely applicable. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | prof. dr. R.H. Koning | | Docent(en) | prof. dr. R.H. Koning S. Yu | | Onderwijsvorm | -computer practicum, -hoorcollege , gecombineerde hoor-/werkcolleges | | Toetsvorm | -groepsopdracht, -schriftelijk tentamen (open vragen) | | ECTS | 5 | | Entreevoorwaarden | The course assumes active knowledge of multivariate statistics, and the computer assignments are done in R. | | Opmerkingen | Info: Prof. Ruud Koning, phone +31(0)50 36 37192, e-mail r.h.koning@rug.nl
Secretary: Martine Geerlings-Koolman, phone +31(0)50 36 37018, e-mail m.a.koolman@rug.nl |
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| 12 | Design of Combinatorial Algorithms | EBM115B05 |
| In this course students will learn to design solution methods for very large optimization problems in Operations Research. The focus will be on deterministic, NP-hard problems. Students will learn to create a mathematical representation of such problems, to identify promising approaches from academic literature, to design solution methods, to implement solution methods in software, and to report on the design and results. This course will bring to light various methods from current Operations Research literature that are suitable for addressing very large combinatorial optimization problems. Students will learn the skills to identify promising avenues and instrumental usage of available scientific knowledge for solving problems at hand. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | Dr. I. Bakir | | Docent(en) | Dr. I. Bakirprof. dr. K.J. Roodbergen | | Onderwijsvorm | -groepsbegeleiding , -hoorcollege , -werkcollege | | Toetsvorm | -groepsopdracht, -individuele opdracht, -individuele presentatie | | ECTS | 5 | | Entreevoorwaarden | Students who are not from the EORAS Master programme must contact the teacher before the course starts to verify the fit of course content with the student's mathematical skill set. | | Opmerkingen | Info: dr. I. Bakir, phone: +31(0)50 36 38231, e-mail: i.bakir@rug.nl. Secretary Operations, phone: +31(0)50 36 37020, e-mail: secr.operations.feb@rug.nl. |
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| 13 | Developing for Markets | EBM062A05 |
The course aims to explain the role of a customer focus in innovation management. Students are taught analytical and design skills in order to propose, design and market new products (or services) that offer superior value to customers. They learn to synthesize different theoretical perspectives, and to apply theoretical concepts of innovation management and marketing to real-life situations. Synthesis of the theory is achieved through an intensive series of lectures during the first part of the course. The second part of the course is reserved for the project in which groups of students apply the acquired theoretical insights to identify, analyze, and solve a real-life customer problem. The project is an important part of the course, as it enables learning by experiencing. It deepens the students’ understanding of why so many firms struggle with applying a customer focus in innovation.
Innovation management deals with the challenge of developing new markets and new products. New products need to solve real customer pain points and must be well-differentiated from competition. Firms can only identify and successfully develop such products (goods and services) if they have acquired an in-depth understanding of customers. As products are no more than a means towards an end, managers need to understand the job that customers are trying to do. But how can they learn from customers? How can they involve customers in the innovation process? How can they translate customer insights creatively into new product concepts? And how to move such concepts successfully through the stages of development, launch, and market acceptance? A real innovative firm is able to go through this process again and again. Such a firm has a shared customer orientation and is organized accordingly. In short: it pursues outside-in innovation, the focus of this course. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | dr. K.R.E. Huizingh | | Docent(en) | dr. W.G. Biemansdr. K.R.E. Huizingh | | Onderwijsvorm | -gastcollege , -interactief hoorcollege | | Toetsvorm | -groepsopdracht, -schriftelijk tentamen (open vragen) | | ECTS | 5 | | Entreevoorwaarden | General requirements for admittance to the MSc BA | | Opmerkingen | Coordinator: Dr K.R.E. Huizingh, phone +31(0)50 363 3779, email: k.r.e.huizingh@rug.nl
Secretary: room 5411-0434, phone +31(0)50 363 6543, e-mail: j.m.wiersema@rug.nl |
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| 14 | Econometric Methods | EBM835C05 |
| The course gives an advanced treatment of econometric estimation methods. We cover different estimators (least squares estimator, generalized method of moments estimator, extremum estimators). The discussion encompasses large sample properties and inference. Additionally, computational aspects will be addressed. Mathematical and computational skills play an important role. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | M. Kesina, PhD. | | Docent(en) | M. Kesina, PhD. | | Onderwijsvorm | gecombineerde hoor-/werkcolleges | | Toetsvorm | -schriftelijk tentamen (open vragen), -groepsopdracht | | ECTS | 5 | | Entreevoorwaarden | (Exchange) students should have a solid background in Mathematics, Statistics, and Econometrics at a level comparable to students who completed the BSc EOR. The course is not suited for (exchange) students who don't have this background. | | Opmerkingen | Info: Dr. Michaela Kesina, phone: +31(0)50 36 33151, e-mail: m.kesina@rug.nl. Secretary: Kim Beute, phone: +31(0)50 36 37018, e-mail: k.beute@rug.nl. |
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| 15 | Econometric Tools for Data Analysis | EBM021B05 |
| The course gives an advanced treatment of econometric inferential methods. The emphasis is on settings where linear methods are not necessarily the first choice. A toolkit will be introduced for a range of settings and for a range of possible datasets. The intuition behind the methods will play an important role. Some of this is strongly related to economic reasoning as non-linearities are often motivated by economic theory. The focus is on microeconometrics, that is, the econometric analysis of samples of heterogeneous subjects (individuals, firms, households, schools etc.). The non-linear settings that are discussed include duration (or survival) models, binary outcome models, count data models, and models with truncation or censoring. In addition, the course covers inference on dynamic treatment effects, the combination of different datasets, and some key methods for machine learning with large datasets. Applications will focus on unemployment durations, effects of labor market policy, training and longevity. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | prof. dr. G.J. van den Berg | | Docent(en) | student-assistantsprof. dr. G.J. van den Berg | | Onderwijsvorm | gecombineerde hoor-/werkcolleges | | Toetsvorm | -groepsopdracht, -schriftelijk tentamen (open vragen) | | ECTS | 5 | | Entreevoorwaarden | (Exchange) students should have a solid background in Mathematics, Statistics, and Econometrics at a level comparable to students who completed the BSc EOR. The course is not suited for exchange students who don't have this background. | | Opmerkingen | Info: Prof. Gerard J. van den Berg, e-mail g.j.van.den.berg@rug.nl
Secretary: Martine Geerlings-Koolman, phone +31(0)50 36 37018, e-mail m.a.koolman@rug.nl |
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| 16 | Economic Geography | EBM094A05 |
| The geo-economic map of the world changes constantly. Globalization has led to a rapid increase of these changes in the location decisions of firms. This course aims to provide students with a better understanding of the resulting changes in the geo-economic patterns of the uneven distribution of economic activity over space and the underlying strategic decision of firms to re-locate in (or offshore to) knowledge intensive clusters of economic activity. We discuss key theories and empirical evidence to understand these changes and, subsequently, discuss the firm level drivers of these changes. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | prof. dr. S. Brakman | | Docent(en) | prof. dr. S. Brakmanprof. dr. J.H. Garretsen Guest Lecturer(s) | | Onderwijsvorm | -computer practicum, -hoorcollege , -werkcollege | | Toetsvorm | -individuele opdracht, schriftelijk tentamen met open vragen | | ECTS | 5 | | Entreevoorwaarden | Basic knowledge of International Trade Theory and Micro-Economics | | Opmerkingen | Secretariat GEM: gem.feb@rug.nl, +31(0)50 363 3458, 5411.0538 |
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| 17 | Emerging Markets (MSc) | EBM085A05 |
The course is practitioner oriented and provides a nuanced perspective on doing business in low income, high growth countries (emerging markets) such as Brazil, Russia, India and China. Primary emphasis is on,
1) Recognizing the uniqueness and challenges of the context characterizing the business environment in these economies such as rapidly evolving business environment, underdeveloped infrastructure, bottom of the pyramid consumers, and
2) How the context then shapes the nature and behavior of firms.
From an academic perspective, the course emphasis is on recognizing and evaluating the assumptions and limitations of popular theories and frameworks, originally developed and applied in the context of developed economies.
The course employs real business case studies to assess the relevance of theory in the context of emerging markets and to gain second-hand experience of the thought processes of top managers and CEOs grappling with business related challenges. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | Dr. S.R. Gubbi | | Docent(en) | L. GeDr. S.R. Gubbi | | Onderwijsvorm | hoor- en werkcolleges | | Toetsvorm | -groepsopdracht, -individuele opdracht, -schriftelijk tentamen (open vragen), actieve deelname | | ECTS | 5 | | Entreevoorwaarden | > Student has prior knowledge and understanding of international business and multinational working environment. > Student is able to read, comprehend and analyze academic case studies and company annual reports.
> Student is able to synthesize factual data/information, identify patterns/trends, evaluate a business situation, and effectively communicate orally or in written form.
> Student is familiar and able to extract relevant information from library sources such as Business Source Premier, Lexis-Nexis, and ORBIS database. | | Opmerkingen | Secretariat GEM: gem.feb@rug.nl, +31(0)50 363 3458, 5411.0538 |
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| 18 | Energy & Finance | EBM166A05 |
This is a course in the MSc Finance which focuses on risk analysis and valuation in the energy sector, with an emphasis on mathematical modelling of these risks. Almost all methods that are developed and used in financial market analysis can be used in energy markets as well. However, we concentrate on two general aspects in particular and aim to deepen their understanding. These are real option analysis and energy markets and derivatives. First, real option analysis uses the mathematical methods of derivatives pricing to analyze the value of various types of flexibilities in (real) investment projects. Real option analysis so far has only remotely been touched upon in the finance curriculum and is perfectly suitable to apply in the valuation of energy projects. Secondly, we delve into energy risk management as, in energy markets, many risks are related to underlying cost structures and the characteristics of volatility of prices. Power prices for instance are related to the price of fuels and to carbon prices.
In the course Energy & Finance, we investigate how to assess the exposure of firms to a variety of energy risks regarding both their costs and revenues, and study related risk management and investment strategies. This course is part of the focus area 'Energy'. When you focus your MSc on energy subjects you will be awarded an official acknowledgement on your diploma, improving and broadening your career opportunities in the energy sector. Prerequisites are mentioned in the Teaching and Examination Regulations: 'Focus areas in the master programmes'. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | dr. G.T.J. Zwart | | Docent(en) | prof. dr. M. Mulderprof. dr. L.J.R. Scholtensdr. G.T.J. Zwart | | Onderwijsvorm | -hoorcollege | | Toetsvorm | -groepsopdracht, -schriftelijk tentamen (open vragen) | | ECTS | 5 | | Entreevoorwaarden | The course is mathematical in nature. Students are strongly recommended to have mathematical skills and background in finance comparable to those acquired in a minor in Finance or equivalent program. | | Opmerkingen | Secretary: Ellie Jelsema; email e.t.jelsema@rug.nl, room 5411.0836, phone: +31(0)50 3633685 |
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| 19 | Energy Transition & Innovation | EBM167A05 |
| The energy industry has changed, is changing, and must continue to change, in order to become more sustainable. The transition, however, presents faces a number of challenges, such as: (1) social challenges, for example, in terms of social resistance to the change; (2) business challenges, for example, as both emergent green technologies and polluter incumbents look for ways in which to become financially sustainable in the new environment; (3) policy challenges, for example, as governments look for ways in which to incentivise the transition; and (4) marketing challenges, for example, as once niche ideas about sustainability and environmental protection, are mainstreamed. In this course we will explore each of these challenges, we will reflect upon the business opportunities that each creates, and will consider the supporting role of competition and markets. In the process, students will gain knowledge about the challenges and opportunities presented by the transition. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | Dr. K.J. McCarthy | | Docent(en) | Dr. S. Asad G.H.J. Berends, MSc.Dr. K.J. McCarthyProf. Dr. F. Noseleit | | Onderwijsvorm | -werkcollege, -gastcollege , -hoorcollege | | Toetsvorm | -groepsopdracht, -groepspresentatie, -schriftelijk tentamen (open en mc vragen) | | ECTS | 5 | | Entreevoorwaarden | General requirements for admittance to the MSc | | Opmerkingen | Secretary: room 5411 0434, tel. +31 (0)50 363 4111, e-mail i.b.a.neef@rug.nl |
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| 20 | Fin. & Econ. Org. of Healthcare Markets | EBM194A05 |
| This course incorporates an advanced perspective on the economics behind organizations operating in the health and healthcare sectors. We recap the individual decision to buy health insurance and discuss the social benefits and costs arising from its provision. We explain why health insurance markets may fail, and solutions that may arise to obviate such market failure. We then discuss major actors in health and healthcare markets: physicians, hospitals, and the pharmaceutical industry. We examine how principal-agent problems characterize the patient-physician relationship. We examine funding methods for hospitals and their impact on physician's incentives. We finally examine the role of the pharmaceutical industry in researching and developing new health technologies and treatments, as well as the process of getting drugs to market. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | Dr. A. Bergemann | | Docent(en) | Dr. A. Bergemann H.H. Dijk, PhD. | | Onderwijsvorm | -hoorcollege , -werkcollege | | Toetsvorm | -groepsopdracht, -schriftelijk tentamen (open vragen) | | ECTS | 5 | | Opmerkingen | Secretary: Kim Beute, phone: +31(0)50 36 37018, e-mail: k.beute@rug.nl, room 5411.0734. |
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| 21 | Financial Management for Multinationals | EBM200A05 |
| The course deals with financial management of firms operating in international environments. Multinational firms face a variety of risks that arise in international financial markets and but they also have a wide variety of financial instruments available to manage them. Understanding how to manage risks and seize opportunities allows financial managers to take investment decisions that enhance the firm's value. The objectives of the course are to: 1. Recognize risk exposures of multinational firms; 2. Evaluate needs and ways to manage different exposures, and 3. Evaluate international investment opportunities. The course consists of lectures and tutorials, during which the students learn from solving, presenting and discussing exercises and case studies. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | Dr. K. Czura | | Docent(en) | Dr. K. Czura | | Onderwijsvorm | -hoorcollege , -werkcollege | | Toetsvorm | -groepspresentatie, -schriftelijk tentamen (open en mc vragen), -verplichte aanwezigheid | | ECTS | 5 | | Entreevoorwaarden | Basic knowledge of business, corporate finance and calculus is required. | | Opmerkingen | Secretary: Ellie Jelsema; e-mail e.t.jelsema@rug.nl, phone +31 (0)50 363 3685, room 5411.0836. |
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| 22 | Financial Reporting and Risk Management | EBM168A05 |
| Every organisation faces a variety of risks. Unexpected events in its external or internal environment may affect the probability of achievement of the organisation's goals. Some of the risks are related to compliance with laws and regulation, and more specifically to reliable financial reporting. To assess the financial reporting risks, the adequacy of how an organization has applied the accounting principles and valuation methods should be determined. The first step in understanding financial reporting issues is a thorough understanding of journal entries. The second step is the evaluation of choices and risks that a manager faces when financial statements are compiled. In addition to financial reporting risks, organizations are also exposed to risks related to their core activities. For instance, changes in market circumstances may threaten the organisation's ability to achieve its strategic objectives, or some of the organisation's assets may disappear due to fraud by employees. Ignoring risks can endanger the organisation's survival. Therefore, organisations often rely on systems which enable them to identify and assess risks, and to develop and monitor control activities. However, using such systems also has its drawbacks. In this course, a textbook will be used to refresh students' understanding of business transactions, valuation and accounting principles. Cases and academic papers will provide the basis for a critical thinking regarding risk management issues including an organisation's risk culture and ethical considerations. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | Dr. N. Hussain | | Docent(en) | Dr. N. Hussaindr. K. Linke | | Onderwijsvorm | -werkcollege, -hoorcollege | | Toetsvorm | -groepsopdracht, -groepspresentatie, -schriftelijk tentamen (open vragen) | | ECTS | 5 | | Entreevoorwaarden | Students are expected to have passed at least an introductory course in Financial Accounting. | | Opmerkingen | Secretary: drs. Jessica Bakker, tel: +31 (0)50 36 33535, room 5411-829, email: i.j.bakker@rug.nl |
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| 23 | Foreign Market Entry Strategies | EBM090B05 |
| The course deals with managing foreign market entry strategies-- a key factor for successful internationalization. The course specifically deals with the challenges and pitfalls of managing entry modes. The various managerial challenges will be analyzed by using interorganizational theories such as transaction cost economy and institutional theroy. Furthermore, contemporary research findings will be discussed and applied in case studies. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | Dr. M.C. Sestu | | Docent(en) | Prof. Dr. P.M.M. de FariaDr. M.C. Sestu | | Onderwijsvorm | -hoorcollege , -werkcollege | | Toetsvorm | -actieve deelname, -computer test/wekelijkse quiz, -groepspresentatie, -individuele opdracht, -schriftelijk tentamen (open en mc vragen) | | ECTS | 5 | | Entreevoorwaarden | Students should have basic knowledge on main organizational theories (i.e. resource-based view, transaction cost theory) and be familiar with working with cases | | Opmerkingen | Coordinator: m.c.sestu@rug.nl, +31 (0)50 36 39744
Secretariat: gem.feb@rug.nl, +31 (0)50 363 3458, 5411.0538 |
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| 24 | Global Finance and Growth | EBM150A05 |
| What is money? What is debt? What do banks do? How are financial relations between households and firms organized? And between states? How do financial flows relate to trade flows? What was the Gold Standard and the Bretton Woods system? What system do we have now? Why do countries have international reserves? What are shadow banks? How does the Eurozone work? Why was there a global financial crisis in 2007? Why was there a Eurocrisis? These are the questions we ask in this course. You will acquire theoretical and factual knowledge. You will learn a conceptual apparatus to discuss international finance problems. You will weigh different views on the international financial system. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | prof. dr. D.J. Bezemer | | Docent(en) | prof. dr. D.J. BezemerDr. A.C. Steiner | | Onderwijsvorm | -hoorcollege , -werkcollege | | Toetsvorm | -computer test/wekelijkse quiz, -groepsopdracht, -individuele opdracht | | ECTS | 5 | | Entreevoorwaarden | You should understand balance sheets, national accounting, the balance of payments system, and basic international macroeconomics (exchange rates, interest rates, capital flows) | | Opmerkingen | Secretary: gem.feb@rug.nl; 050 363 3458; 5411.0538 |
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| 25 | Health Economics and Policy | EBM195A05 |
This course incorporates an advanced perspective on the application of economic principles to analyse health and healthcare.
We recap and critique the dominant economic model (the “Grossman model”) of individual decision-making with regard to health, highlighting both general problems and problems specific to particular aspects of health, such as mental health.
We then consider areas where health economics can inform public policy with regard to health specifically. and how such policy may respond in the future to demographic pressures. We finish by considering how poorer countries face different policy questions. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | Prof. Dr. J.O. Mierau | | Docent(en) | Prof. Dr. J.O. Mierau L. Viluma, PhD. | | Onderwijsvorm | -hoorcollege , -werkcollege | | Toetsvorm | -schriftelijk tentamen (open vragen) | | ECTS | 5 | | Opmerkingen | Info: Prof Jochen Mierau, e-mail: j.o.mierau@rug.nl
Secretary: Kim Beute, e-mail: k.beute@rug.nl, room 5411.0734, phone: +31 (0)50 363 7018 |
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| 26 | Healthcare Purchasing and Supply Chains | EBM193B05 |
This course will discuss purchasing and supply chain management in the healthcare sector. We focus on the purchasing of care, not particularly on the purchasing of materials and/or services by the healthcare provider. In the course there is much attention for the implications of different healthcare systems and policies for purchasing.
In pursuing the triple aim of healthcare (quality, accessibility, and cost), purchasers (e.g., health insurers or regional or local governmental bodies) can play an important role. For example, how can we move from volume to value for patients through the incorporation of innovative payment models and how can we better define and measure value of care? What type of contracts should, and can, purchasers agree upon with healthcare providers to incentivize quality? What are the potential effects of such contracts? Importantly, purchasers are not alone- we must consider the interests of care suppliers as well in order to address issues of population health, affordability and quality.
Some further questions arise concerning the healthcare supply chain: What type of purchaser-provider relationships and market conditions are most effective for achieving better care delivery? Should providers cooperate or compete in order to strive for better health outcomes, better care experiences and for healthcare expenses to be reduced? Do we really have optimal market conditions in healthcare? We will critically assess concepts such as payment via diagnosis related groups (DRG), Value-based healthcare (VBHC) and approaches for internal financial control within hospitals. We will use different organisation theories to study the role of the healthcare purchaser and the relationships between key stakeholders.
Furthermore, in order to keep healthcare affordable, one has to think about which provider should offer which service in the healthcare supply chain. As we see in the Netherlands, care is becoming concentrated. More complex care is performed by university hospitals while less complex care can be delivered at peripheral hospitals. But what should the right balance be between complex and non-complex care for university hospitals? How can purchasers manage networks of care?
These types of questions will be elaborated upon in this course. We will show how complex healthcare systems are, and how challenging it is to deal with or change the deeply rooted positions of purchasers and providers in the care chain. |
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| 27 | HRM & International Labour Law | EBM733A05 |
International labour relations have increasingly assumed importance in a globalizing world. In order to manage labour relations, in this context, properly, it is necessary to take into account the impact of International Labour Law.
Basic information on existing rules and court decisions related to International Labour Law will be given.
Each student will be required to write and present a position paper (individually or in a group).
Students select a topic from a list composed by the lecturer. Corporate social responsibility, the freedom of movement of workers within the European Union and the posting of workers abroad, are some examples of possible topics. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | mr. dr. H.H. Voogsgeerd | | Docent(en) | mr. dr. H.H. Voogsgeerd | | Onderwijsvorm | -hoorcollege , -werkcollege | | Toetsvorm | -actieve deelname, -individuele opdracht, -verplichte aanwezigheid, -schriftelijk tentamen (open vragen), actieve deelname | | ECTS | 5 | | Entreevoorwaarden | Basic knowledge of law. | | Opmerkingen | Secretary: phone +31 (0)50 363 3453, room 5411-0434 |
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| 28 | Inclusive Finance | EBM069B05 |
| The course is designed for MSc students with a background in (business) economics. The focus is on the role of financial markets in low-income countries with a strong focus on microfinance and financial inclusion. In this course, we will study why financial markets in low income countries fail to provide access to financial services for the poor, which mechanisms allow to provide these services, and which alternative methods are used by the poor to manage their cash flows, finance investments, and cope with income risks. Both theories on financial development and the economics of microfinance as well as empirical applications in low-income countries will be studied in this course. We look at opportunities and limitations of financial institutions in low-income countries in general, and of microfinance institutions in particular. Specific topics include: finance and development; credit market failures; the economics of microfinance; techniques to measure impact of financial interventions on borrower welfare. The course contains main lectures, guest lectures and group oral presentations by students. The course is part of the focus area on finance and development together with the course 'International Finance and Development'. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | Dr. K. Czura | | Docent(en) | Dr. K. Czura Guest Lecturer(s) K. Saxena, PhD. | | Onderwijsvorm | -gastcollege , -hoorcollege , -werkcollege | | Toetsvorm | -groepspresentatie, -schriftelijk tentamen (open en mc vragen) | | ECTS | 5 | | Entreevoorwaarden | The course is open for all students with a Bsc in business or economics. | | Opmerkingen | The course can be followed as an elective for the different master programmes within the Faculty of Economics and Business.
The course is part of the focus area on finance and development together with the course International Finance and Development (EBM207A05).
Secretary: Ellie Jelsema, phone: +31 (0)50 3633685, e-mail: e.t.jelsema@rug.nl, room: 5411.0836 |
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| 29 | Innovation & Entrepreneurship | EBM621A05 |
The general objective of this course is to provide students with a full understanding of the process of successfully engaging in innovation/entrepreneurial activities.
The course consists of two parts that run parallel. The first is the theoretical part in which existing theories on innovation and entrepreneurship are discussed. In the second part, the students will apply these theories to concrete organizational settings by studying particular practical cases. Guest lectures provide the students with first hand insights on how processes of innovation and entrepreneurship take place in practice. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | P. Arque-Castells, PhD. | | Docent(en) | P. Arque-Castells, PhD. A. Nakamura, PhD. | | Onderwijsvorm | -gastcollege , -hoorcollege , -werkcollege | | Toetsvorm | -groepsopdracht, -groepspresentatie, -schriftelijk tentamen (open vragen) | | ECTS | 5 | | Entreevoorwaarden | Students should meet the general requirements for admittance to MSc BA. | | Opmerkingen | Secretary: room 5411-0434, phone +31(0)50 363 6543, e-mail: j.m.wiersema@rug.nl |
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| 30 | Int. Fin. Institutions and Governance | EBM198A05 |
| This course will provide students with an overview of the theoretical and empirical literature on the main themes in international financial institutions and governance. The aim is to provide students with in-depth knowledge of how multinationals finance their operations and investments, taking the perspective from the supply side. During the course we will discuss what role (international) banks, stock markets, different types of investors (such as institutional investors, hedge funds, sovereign wealth funds, etc.) play in financing these companies. We will also discuss the consequences of the different types of finance for the governance of these companies. We will deal with these issues by discussing a number of academic articles on related topics. Moreover, we will discuss cases describing the role of various suppliers of finance and their consequences for the governance of multinationals. These cases will be prepared by teams of students and presented during tutorials. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | J.J. Bosma | | Docent(en) | J.J. Bosmaprof. dr. C.L.M. Hermes | | Onderwijsvorm | -gastcollege , -groepsbegeleiding , -hoorcollege , -werkcollege | | Toetsvorm | -groepsopdracht, -groepspresentatie, -schriftelijk tentamen (open vragen) | | ECTS | 5 | | Entreevoorwaarden | Only open to students of the MSc IFM, MSc BA and to exchange students. | | Opmerkingen | Secretary Ellie Jelsema, phone +31(0)50 3633685, e-mail e.t.jelsema@rug.nl, room 5411.0836 |
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| 31 | International Banking and Finance | EBM096A05 |
| In this course we study internationally operating banks and other financial institutions from an institutional, evolutionary perspective, and with attention to their impacts on the economy. We start by studying money, credit and banking. We study consequences for the economy’s growth and stability. We take a balance sheet approach to understanding each topic. Study materials include online lectures, empirical academic articles and policy papers. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | prof. dr. D.J. Bezemer | | Docent(en) | prof. dr. D.J. Bezemer Guest Lecturer(s) | | Onderwijsvorm | -hoorcollege , -werkcollege | | Toetsvorm | -computer test/wekelijkse quiz, -individuele opdracht | | ECTS | 5 | | Entreevoorwaarden | Intermediate quantitative methods, intermediate micro economics, intermediate macro economics, basic banking, accounting. Knowledge of econometrics (OLS, fixed effect models, limited dependent variable models) is recommended. | | Opmerkingen | Secretariat GEM: e-mail gem.feb@rug.nl, room 5411-0538; 0503633458 |
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| 32 | International Business Strategy (MSc) | EBM088A05 |
The international business strategy (IBS) course is dedicated to offering in-depth knowledge about how to formulate an effective strategy from both the strategic management perspective and the financial management perspective. From the strategic management perspective, this course discusses issues relating to corporate strategic goals and how to solve strategic issues (leadership, structure, and context) to achieve those goals. From the corporate financial management perspective, this course discusses financial feasibility of foreign investment through a cost-benefit analysis and how to deploy financial tools to ensure foreign investment.
Virtually all students in the FEB programs continue a non-academic career in business or public management. Understanding the causes and consequences of successful IBS, therefore, is of the utmost importance for FEB students. Questions about IBS are relevant for almost all companies in which FEB students will work. The course is also relevant for students that have an ambition to work in the public sector such as a Ministry of Economic Affairs or a healthcare institute or international organizations such as the World Bank or the EU. These organizations also are confronted with IBS challenges next to and on top of being part of the context in which for-profit firms design and implement IBS.
Students that enter the course accept the conditions of the program and the advanced level of the IBS subjects. Students need to prepare a great number of journal articles each week in order to constructively contribute to tutorial discussions and presentations. Additionally, the course requires students to analyze financial data and relating to a foreign investment project, and complete a written exam with essay questions. Not meeting any of the standards of the course will have implications for the grade. The course requires students to develop, use and appreciate (advanced) interdisciplinary theoretical models and (advanced) multi-method perspectives in combination with best-practice managerial cases that characterize modern IBS. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | L. Ge | | Docent(en) | L. Gedr. W. Westerman | | Onderwijsvorm | -hoorcollege , -werkcollege | | Toetsvorm | -actieve deelname, -groepsopdracht, -groepspresentatie, -schriftelijk tentamen (open vragen) | | ECTS | 5 | | Entreevoorwaarden | Admittance to the MSc IB&M, IE&B or IFM | | Opmerkingen | Secretariat GEM: gem.feb@rug.nl, +31(0)50 363 3458, 5411.0538 |
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| 33 | International Financial Reporting | EBM045B05 |
The course introduces the subject of international financial accounting and explains the relevance thereof. The major international financial accounting systems will be compared and discussed. In this context, particularly the international development of the accounting discipline is covered as well as the classification of international accounting systems. Examples of important international financial reporting subjects as
covered during this course are: foreign currency transactions and the related accounting, foreign currency as part of the financial statement consolidation process, hedge
accounting, inflation accounting and segment reporting. Furthermore, international aspects related to the analysis of financial statements will be discussed, and an overview provided which covers the most recent changes in corporate governance in relation to financial accounting subjects. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | S. Rusanescu, PhD. | | Docent(en) | S. Gebraiel, PhD. S. Rusanescu, PhD. | | Onderwijsvorm | -hoorcollege , -werkcollege | | Toetsvorm | -groepsopdracht, -schriftelijk tentamen (open vragen) | | ECTS | 5 | | Entreevoorwaarden | Students are expected to have passed at least an introductionary course in financial accounting. | | Opmerkingen | Students have to make assignments and present their work in tutorials. Secretary: drs. Jessica Bakker, tel: 050-36333438, e-mail: i.j.bakker@rug.nl |
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| 34 | Inventory Management | EBM026A05 |
| The course provides the students with the necessary knowledge and skills to design, analyze, and manage inventory systems. The topics that are discussed include inventory systems, performance measures, demand forecasting, and inventory control policies. In particular, there is an emphasis on applying inventory control models to improve performance. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | Dr. O.A. Kilic | | Docent(en) | Dr. O.A. Kilic | | Onderwijsvorm | -werkcollege, -computer practicum, -hoorcollege | | Toetsvorm | -groepsopdracht, -individuele opdracht, -schriftelijk tentamen (open vragen) | | ECTS | 5 | | Entreevoorwaarden | The students are expected to be familiar with basic inventory management concepts that are covered in undergraduate courses in the field of operations and supply chain management, basic statistics and stochastics, and (mixed-integer) linear optimization. To follow the course, modeling skills (spreadsheet or programming) are essential. | | Opmerkingen | Secretary: room 5411-0634, phone +31(0)50 3637020, email secr.operations.feb@rug.nl |
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| 35 | Marketing Communication | EBM078A05 |
| This course aims to provide students with an overview of the psychology of marketing communications. Grounded in recent academic findings, the effects of marketing communications on consumers’ cognition, attitude, and behavior will be discussed during the lectures. Students are expected to comprehend the psychological theories and findings of communications, apply them to marketing issues, and provide suggestions to managerial decision-making. The course consists of lectures, tutorials, and group assignments. In the lectures, students will obtain up-to-date knowledge about the psychology of marketing communications. In the first group assignment, students need to formulate scentifically and practically relevant research questions about marketing communications and translated them to hypotheses. In the second group assignment, students are expected to collect data, apply appropriate empirical tests, and discuss the findings of their research. In the tutorials, students will present their research proposal and findings in groups. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | prof. dr. B.M. Fennis | | Docent(en) | prof. dr. B.M. Fennisdr. M.C. Leliveld | | Onderwijsvorm | -hoorcollege , -werkcollege | | Toetsvorm | -groepsopdracht, -groepspresentatie, -individuele opdracht, -schriftelijk tentamen (open en mc vragen) | | ECTS | 5 | | Opmerkingen | Secretary Marketing (B. Wever): room 5411-0334), phone +31(0)50 3637065, email marketing.education@rug.nl |
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| 36 | Microeconomics of Household Behaviour | EBM106A05 |
| The course will cover intertemporal models of consumption, saving and retirement decisions and review the empirical evidence on these issues. Particular attention will be paid to the question whether people save enough for retirement and to the saving behaviour of older people. Intertemporal choices will be analysed in the context of the life-cycle framework. However, deviations from economic rationality and the standard life-cycle model will also be evaluated. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | Dr. M. Groneck | | Docent(en) | prof. dr. R.J.M. AlessieDr. M. Groneck A.J. van der Vaart | | Onderwijsvorm | -interactief hoorcollege | | Toetsvorm | -schriftelijk tentamen (open vragen), -groepsopdracht | | ECTS | 5 | | Entreevoorwaarden | The course also goes into the mathematical details of the models. Students should have a working knowledge of
a) simple constrained optimization problems using the method of Lagrange multipliers.
b) Household optimization (Microeconomics)
c) working knowledge of econometrics (OLS, IV) | | Opmerkingen | Coordinator: dr. Max Groneck, m.groneck@rug.nl, room 541.0721. Secretary: Helena Lei, h.lei@rug.nl room 5411.0734, +31 (0)50 3637018. |
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| 37 | Models for Short Term Risk Management | EBM114A05 |
| The course considers discrete time models for asset returns over the short run. In particular, ARIMA-ARCH/GARCH models and models used in Extreme Value Theory are presented in both univariate and multivariate settings, and their estimation discussed. Even though the specific focus of the course is modelling risks affecting asset returns, the methods are useful in many other areas of (applied) finance and economics. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | dr. L. Kong | | Docent(en) | dr. L. Kong | | Onderwijsvorm | -groepsbegeleiding , -hoorcollege | | Toetsvorm | -groepsopdracht, -schriftelijk tentamen (open vragen) | | ECTS | 5 | | Entreevoorwaarden | Econometrics at BSc level | | Opmerkingen | Info: Dr. Lingwei Kong, e-mail: l.kong@rug.nl. Secr: Martine Geerlings-Koolman, phone: +3150 36 37018, e-mail: m.a.koolman@rug.nl |
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| 38 | Monetary Policy, Strategy and Operations | EBM107B05 |
| Transmissiekanalen van monetaire beleidsbeslissingen, (de rol van financiële marktimperfecties bij) reëel-financiële interactie, monetaire beleidsstrategieën, implementatie van monetaire beleidsbesluiten in financiële markten, EMU en het Europese Stelsel van Centrale banken, het monetaire beleid van de ECB (conventioneel en onconventioneel, strategie, implementatie en transmissie, rol van de euro), de financiële crisis van 2007-09, de Europese schuldencrisis van 2010-2013, de beleidsreactie op de pandemie, de Europese banken unie, flankerend beleid in een onvolledige monetaire unie, systeemrisico, financiële (in) stabiliteit. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | prof. dr. J.M. Berk | | Docent(en) | prof. dr. J.M. Berk S. Pool, MSc. | | Onderwijsvorm | -gastcollege , -hoorcollege | | Toetsvorm | -schriftelijk tentamen (open vragen) | | ECTS | 5 | | Entreevoorwaarden | Open for all Master students | | Opmerkingen | Only available on Friday.
Coordinator: Prof. Jan Marc Berk, j.m.berk@rug.nl
Secretary Grietje Pol, phone +31(0)50 3633685, e-mail g.pol@rug.nl, room 5411.0836 |
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| 39 | Optimization under Uncertainty | EBM853B05 |
This course deals with optimization problems under uncertainty. Such problems have many applications in, e.g., energy, healthcare, logistics, finance, and engineering.
Starting point of the course is a (mixed-integer) linear programming problem with random parameters. Several reformulations of this problem are presented that explicitly deal with the inherent uncertainty in the problem. The main properties for optimization purposes of these resulting stochastic optimization problems are derived and several approximations and solution techniques for such problems are discussed, with special attention to the large-scale deterministic, convex optimization, decomposition algorithms, and Monte Carlo simulation.
Applications are illustrated by means of both classroom examples and realistic problems. Students need to solve the latter type of problems using a computer in a case study and need to present the results to their peers. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | dr. W. Romeijnders | | Docent(en) | dr. W. Romeijnders | | Onderwijsvorm | groepsbegeleiding, hoorcolleges, werkcolleges | | Toetsvorm | -groepsopdracht, -groepspresentatie, -schriftelijk tentamen (open vragen) | | ECTS | 5 | | Entreevoorwaarden | (Exchange) students should have a solid background in Mathematics, Stochastics, and OR at a level comparable to students who completed the BSc EOR. | | Opmerkingen | Info: Dr Ward Romeijnders, phone: +3150 36 33923. Secr: Operations, phone: +3150 36 37491, e-mail: secr.operations.feb@rug.nl. |
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| 40 | Organization Design (MSc) | EBM049A05 |
This course conveys how to analyze organizations from a design perspective. Design implies a practical orientation – finding solutions for problems. This orientation is somewhat at odds with organization and management studies focusing on theory development. Through discussion-focused seminars, we will explore how this apparent tension is actually generative despite first appearances.
A managerial take portrays organization design as mere ‘technical’ task, in which the organization is seen as an instrument to reach specific outcomes – the designer as engineer. Much of the mainstream literature on organizational structure adopts this approach. Yet, a deeper understanding also acknowledges social, cultural, and processual aspects of organizational worlds. By the end of this course, you will be able to appreciate how different theoretical perspectives can jointly inform the practice of organizational design. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | dr. M. Kleine | | Docent(en) | dr. M. Kleine M.K. Pit, MSc. | | Onderwijsvorm | -groepsbegeleiding , -interactief hoorcollege | | Toetsvorm | -groepspresentatie, -schriftelijk tentamen (open vragen), verplichte aanwezigheid, -groepsopdracht | | ECTS | 5 | | Entreevoorwaarden | Although no formal prerequisite, basic knowledge in the field of Organizational Theory and Design is expected. If students have not followed any bachelor course in this field, we recommend that they read up on organizational forms, contingency theory, organizational culture, decision making, power, conflict and politics based on the following sources:
- R. L. Daft: Organizational Theory and Design
- G. R. Jones: Organizational Theory, Design, and Change
- Mintzberg, H. ( 1980) Structure in 5s: a synthesis of the research of organization design. Management Science 2(3): 322-341
- Anand, N. and Daft, R.L., ( 2007) What is the right organization design? Organizational Dynamics 36(4): 329-344. | | Opmerkingen | Secretary room: 5411-0434: tel. +31(0)50 363 6543; email: j.m.wiersema@rug.nl |
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| 41 | Personnel Economics | EBM678A05 |
| Central to the course is the application of economic principles to the field of Human Resources Management. Knowledge of these principles enables a human resource manager or general manager (responsible for personnel matters) to communicate with financial and other managers about effects and efficiency of personnel policies. These principles provide the manager with tools for gathering data from different information systems for effective use with regard to personnel decisions, too. Personnel economics suggests which data are necessary for taking meaningful decisions. The course is not only concerned with costs and benefits of personnel but investigates a wide range of personnel policies.The economic insights are used to formulate sustainable personnel policies. Problems that will be dealt with are: when and how much to invest in personnel, how to select personnel, whom should be dismissed etc. Much attention will be paid to compensation. Should employees receive incentive pay or an hourly wage? Should employees work in teams or should they specialise? Attention will also be paid to non-monetary rewards, gossip, and politicking. The main advantage of this course is the clear application of economic principles to a wide range of topics. Students learn the underlying economic principles of HR instruments. Knowledge of these principles can be used in all kinds of situations. The course will give the students new solutions for existing problems and shows why some of the standard practices should be changed. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | dr. P.H. van der Meer | | Docent(en) | dr. P.H. van der Meer | | Onderwijsvorm | -gastcollege , gecombineerde hoor-/werkcolleges | | Toetsvorm | -actieve deelname, -computer test/wekelijkse quiz, -schriftelijk tentamen (open vragen) | | ECTS | 5 | | Opmerkingen | This course will be offered in semester 1b and 2a
For further information please contact the secretary of MSc HRM: Zedef Karakayali, e-mail: z.karakayali@rug.nl - phone: +31 (0)50 363 4288, room 5411-0343 |
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| 42 | Planning and Control of Stochastic Syst. | EBM170B05 |
This course is about the planning and control of stochastic systems. Various methodologies will be discussed that are applicable in many areas. As connecting themes, the focus will be on lifetime and degradation modeling, and on maintenance planning and optimization. Other topics such as routing and production decisions will also be touched upon. Optimal policies that will be determined range from static policies that do not respond to the stochastic behavior of the system, to dynamic (control) policies that continuously respond to what happens.
Various assignments (both individual and in small groups) have to be solved. Coding in R, Python, or a similar program is required for parts of these assignments. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | dr. B. de Jonge | | Docent(en) | dr. B. de Jonge | | Onderwijsvorm | -hoorcollege , -werkcollege | | Toetsvorm | -groepsopdracht, -individuele opdracht | | ECTS | 5 | | Entreevoorwaarden | Solid background in mathematics and statistics (level comparable to students who completed the BSc EOR), experience with coding in R, Python, or a similar program. | | Opmerkingen | Info: Dr Bram de Jonge, e-mail b.de.jonge@rug.nl.
Secretary Operations: phone +31(0)50 36 37020, e-mail secr.operations.feb@rug.nl. |
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| 43 | Purchasing | EBM037A05 |
| During the course students will get frontier knowledge in Strategic Purchasing aiming to provide an advanced understanding of management concepts and tools in the field. Moreover, students will get hands on experience during tutorials to develop purchasing skills, project management skills, communication skills, etc. Students will learn how to translate and integrate theory into managerial recommendations through tutorials and (group) assignments. The main goal of the course is to bring the importance of modern strategic Purchasing to the forefront of doing business in the 21st century. Strategic Purchasing is key in almost any organization and is responsible for acquisitions ranging from technical equipment to production input, marketing material or personnel. Still, often seen as a support function, purchasing can contribute beyond cost savings to the value creation of a company by managing internal and external relationships, ensuring sustainability and quality or by ensuring innovation and new product development in feasible terms of supply. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | dr. A.P. Seepma | | Docent(en) | L.M. Gelsomino, PhD.Dr. K. Scholtendr. A.P. Seepma | | Onderwijsvorm | -groepsbegeleiding , -gastcollege , -hoorcollege , -werkcollege | | Toetsvorm | -groepsopdracht, -individuele opdracht | | ECTS | 5 | | Opmerkingen | Secretary: room 5411-0634, phone +31(0)50 3637020,
email: secr.operations.feb@rug.nl |
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| 44 | Quantitative Finance | EBM161A05 |
| We give an advanced treatment of the most important concepts in financial engineering. The course puts emphasis on the mathematical translation of concepts like risk, riskless profit, derivative, tradable, in continuous time. Both derivative pricing as well as stochastic optimal control used in solving dynamic portfolio problems are introduced. Basic applications of the theory will also be dealt with and the practical applicability will be highlighted. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | B.F.C. Claassen | | Docent(en) | B.F.C. Claassendr. A.A. Tsvetkov | | Onderwijsvorm | -computer practicum, -gastcollege , -hoorcollege , -werkcollege | | Toetsvorm | -schriftelijk tentamen (open vragen) | | ECTS | 5 | | Entreevoorwaarden | Knowledge of calculus, basic finance, microeconomics, and dynamic econometrics | | Opmerkingen | Secr: Grietje Pol, phone: +31(0)50 36 33685, e-mail: g.pol@rug.nl. |
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| 45 | Regulating Energy Markets | EBM148B05 |
The central theme of the course is: how do energy markets, in particular electricity and gas markets, function and how can this be improved by governments (regulators). The functioning of energy markets differs from many other sectors because of the economies of scale of the networks, resulting in natural monopolies, the importance of network balance, the societal objective to radically change the nature of the energy industry (i.e. energy transition: renewables, hydrogen, electrification) and the fact that energy is a basic commodity which is needed by everyone. Topics to be discussed are among others: how to determine the tariffs that an operator of an electricity or gas network is allowed to charge on users of the infrastructure? How to implement competition in the energy industry, both on wholesale level and retail level? To what extent need the energy markets be changed because of the energy transition in which fossil technologies are replaced by renewable sources (as wind and solar)? How to give incentives to energy producers and consumers to reduce carbon emissions?
Knowledge of economics of regulating market is useful for positions within regulated companies (TenneT, Gasunie, etc.), companies using regulated infrastructures (in particular large energy users), governments (national, EU), regulatory bodies (ACM, ACER, etc.) and consultancies (PWC, Oxera, etc.).
The course not only deals with the economic theory behind the regulation of markets, but also applies this theory to real-life problems in energy markets. The course consists of lectures and tutorials every week. The course starts by discussing the question why energy markets need regulation. Then, we discuss how the government could regulate these markets. These first meetings are meant to give the students some theoretical background in economic regulation. Afterwards, we discuss key issues in the daily practice of regulation: benchmarking on efficiency and the determination of the the appropriate reward (i.e. the WACC) on capital which is invested in the network. These questions are highly important for regulated firms as it affects how much profit they are allowed to make and to which extent they are able to finance the investments. Then, we go into in the question how to implement competition in energy markets. We discuss the design of electricity and gas markets on wholesale level and how these markets become more integrated on an international level. We also pay attention to how environmental regulation (like emissions trading and subsidies for renewables) can be designed and how this affects the electricity sector/market. We also pay attention to the retail energy market and consumer behaviour, discussing how competition can be implemented in markets where the demand is affected by factors like (perceived) switching costs and trust in retailers.
In most weeks, there will be assignments, which are discussed in the tutorials based on presentations by students. In addition, there will be a few extra tutorials where we recap the material and discuss questions of students. At the end there will be a meeting to discuss the mock exam. This course is part of the focus area 'Energy'. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | prof. dr. M. Mulder | | Docent(en) | prof. dr. M. Mulder | | Onderwijsvorm | -gastcollege , gecombineerde hoor-/werkcolleges, werkcolleges | | Toetsvorm | -groepsopdracht, -groepspresentatie, -schriftelijk tentamen (open vragen) | | ECTS | 5 | | Entreevoorwaarden | Open to all MSc students, but students are recommended to have some background in microeconomics and finance. | | Opmerkingen | Info: Prof. Machiel Mulder, e-mail machiel.mulder@rug.nl
Secretary: K. Beute; e-mail k.beute@rug.nl, room 5411.0734, phone +31(0)50 3637018 |
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| 46 | Responsible Finance and Investing | EBM071A05 |
| This course focuses on the role of non-financial attributes in production. In particular, we study the interaction between financial performance and social & environmental performance of firms, in particular financial institutions, and the impact of this interaction on finance and investment decisions. This regards both the firms as such as well as investment portfolios. As to financing, it especially is pricing and risk that will be discussed; as to investing, we investigate the impact of screening on performance. We highlight the costs and benefits of managing non-financial attributes and go into their pricing and into the consequences of inappropriate pricing. Furthermore, the role of risk from addressing or ignoring social and environmental performance is studied. Students will be required to work on projects in which they try to come to grips with responsibility in financing and investing. They will experience how to make trade-offs between financial and non-financial performance. Students will analyze and argue about how financial and non-financial performance interact and they will learn how to model this using Matlab. For Finance students, these skills are highly important and sought after. Realize that for us learning is about building the capacity to take effective action. We want our students to understand, to get motivated and to arrive at own ideas and hope regarding sustainable finance. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | prof. dr. L.J.R. Scholtens | | Docent(en) | Dr. A. Dalòprof. dr. L.J.R. Scholtens | | Onderwijsvorm | -werkcollege, -computer practicum, -gastcollege , -hoorcollege | | Toetsvorm | -computer test/wekelijkse quiz, -groepsopdracht, -individuele opdracht | | ECTS | 5 | | Entreevoorwaarden | Students will have a BSc degree in Economics and/or Business, a decent background in Finance & Investing and a keen interest in both Environmental and Social issues and in Banking, Finance and Investing. They are open to learning new skills and an interest in quantitative analysis. | | Opmerkingen | Secretary: Ellie Jelsema, email e.t.jelsema@rug.nl, phone: +31 (0)50 3633685, room 5411.0836 |
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| 47 | Strategic Supply Chain Management | EBM039A05 |
| Almost all companies face an increased complexity in their supply chains caused by global competition, more demanding customers, worldwide outsourcing and sustainability requirements. This course introduces students to strategic and global aspects of manufacturing and supply chain management. The course offers an overview of contemporary theoretical findings in the field through a book and lectures, complemented with research papers, which are assessed in a literature examination. Specifically, the course focuses on buyer-supplier relationships, the use of ICT in those relations, the role of outsourcing, and the importance of sustainability and corporate social responsibility in shaping supply chains. Students have to complete several practical oriented cases and are trained in using and evaluating literature through writing reviews of relevant scientific papers. The final part of the course is a group based project that aims at playing a supply chain game and theoretically interpreting and evaluating the results. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | dr. T.M. Tran | | Docent(en) | dr. T.M. Tranprof. dr. D.P. van DonkDr. C. Xiao | | Onderwijsvorm | -groepsbegeleiding , -hoorcollege , -computer practicum, -interactief hoorcollege | | Toetsvorm | -groepsopdracht, -groepspresentatie, -schriftelijk tentamen (open vragen), -verplichte aanwezigheid | | ECTS | 5 | | Opmerkingen | Secretary room: 5411-0634 tel.: +31(0)50 3637020 e-mail: secr.operations.feb@rug.nl
In semester IIb this course is also open for a maximum of 8 exchange students |
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| 48 | Supply Chain Optimization | EBM117A05 |
| This course deals with optimal forecasting and inventory control. During the first two weeks, all essential theory will be presented during lectures. For the remainder of the course, students will work in groups on a specific topic (from a list). They present their results during the final week of the block, and hand in their reports by the end of that week. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | prof. dr. R.H. Teunter | | Docent(en) | prof. dr. R.H. Teunter | | Onderwijsvorm | -groepsbegeleiding , -hoorcollege | | Toetsvorm | -groepsopdracht, -groepspresentatie, -schriftelijk tentamen (open vragen) | | ECTS | 5 | | Entreevoorwaarden | No specific requirements, but some background in statistics and optimization is needed. This course is mainly aimed at Econometrics and Operations Research students and has a clear analytical modeling and optimization focus. | | Opmerkingen | Info: Prof. Ruud Teunter, phone: +31(0)50 36 38617, e-mail: r.h.teunter@rug.nl
Secretary Operations, phone: +31(0)50 36 37020, e-mail: secr.operations.feb@rug.nl |
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| 49 | Sustainability in Global Value Chains | EBM149B05 |
| Multinational companies are more and more forced to think about the (unintended) externalities of their cross-border activities. For these companies, it is impossible to deny the consequences of their actions and develop a stance on how they want to incorporate these in their policies. Some companies see this as a moral obligation, or even a business opportunity. Others might be more reluctant, but they experience growing pressures from consumers, local governments and NGOs to report their CSR activities and those of their suppliers. Vice versa, the concept of the Global Value Chain can offers the option to study what happens in local situation from the perspective of the local economy. So the focus shifts from the perspective of the MNE to the perspective of the local society/economy in a specific region. In this course, we will explore a variety of issues, perspectives and policies and focus on the newest developments in this field. The course has a thematic orientation and integrates recent academic findings from a variety of perspectives (MNCs, NGOs, intergovernmental agencies, and so on). |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | Dr. J. Shin | | Docent(en) | dr. B.J.W. Pennink to be announced | | Onderwijsvorm | -interactief hoorcollege | | Toetsvorm | -computer test/wekelijkse quiz, -groepsopdracht, -individuele opdracht | | ECTS | 5 | | Opmerkingen | Secretariat GEM: gem.feb@rug.nl, +31(0)50 363 3458, room: 5411.0538 |
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| 50 | Theory of Monetary Policy | EBM164B05 |
| There are two sections in this course. In the first three weeks students learn the development and diversity of monetary theory since the 1920s. Students analyze the role of money and banks from three theoretical perspectives (New Keynesian, Post-Keynesian and Neo-Austrian). In the second part of four weeks students learn the theoretical aspects of monetary policy. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | prof. dr. E. Sterken | | Docent(en) | prof. dr. D.J. Bezemerprof. dr. J. de Haanprof. dr. L.H. Hoogduinprof. dr. E. Sterken | | Onderwijsvorm | -interactief hoorcollege | | Toetsvorm | -actieve deelname, -individuele opdracht, -schriftelijk tentamen (open vragen) | | ECTS | 5 | | Entreevoorwaarden | Admission to the MSc Economics, MSc Finance and/or MSc International Economics and Business. Students need to master undergraduate macroeconomics. There is a macroeconomics entry test. Note that a management/business/ bachelor will not give you enough grounding for this course. | | Opmerkingen | Secretariat IEEF: room 5411-0734 (Duisenberg building), phone: +31 (0)50 363 7018 |
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| 51 | Trade, Environment and Growth | EBM097A05 |
| This course (for which basic knowledge of matrix algebra is indispensable) applies input-output analysis to issues on trade, on environment, and on growth. For the production of commodities and services, industries depend on other industries for their intermediate products. More and more, such linkages between industries cross borders. Input-output analysis is a tool that takes such interdependencies in the production structure into full account. It has been applied to a wide variety of topics, ranging from international and development economics to disciplines dealing with energy and environmental issues. The course will focus on three such topics. Typical questions are the following. How much high-skilled labor in the US is involved in satisfying the demand for cars by households in Australia, reflecting trade in production factors? What is the greenhouse gas footprint of China, or how large are the Chinese exports of greenhouse gas emissions? What percentage of the growth in German GDP between 1995 and 2009 was due to the increased household consumption in the rest of the EU? To analyze these questions, the World Input-Output Database will be used. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | prof. dr. H.W.A. Dietzenbacher | | Docent(en) | prof. dr. H.W.A. Dietzenbacherprof. dr. B. Los | | Onderwijsvorm | -interactief hoorcollege , -practicum | | Toetsvorm | -groepsopdracht, schriftelijk tentamen met open vragen | | ECTS | 5 | | Entreevoorwaarden | Students with a BSc degree in Economics & Business Economics, Econometrics and Operations Research (or a comparable degree). Basic knowledge of matrix algebra is indispensable for this course. An indication for a sufficient background is Chapters 15 and 16 in Essential Mathematics for Economic Analysis (4th edition) by Sydstaeter, Hammond and Strom, which is taught in the second year course Matrix Analysis and Optimization. | | Opmerkingen | Secretary: gem.feb@rug.nl, +31 (0)50 363 3458, 5411 0538 |
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| 52 | Work Design and Team Processes | EBM012A05 |
| This course aims to integrate recent developments in Organizational Behavior with insights derived from Psychology, Sociology and Management. Students acquire advanced knowledge about the functioning of teams and individual employees therein. The emphasis will be on understanding why individual and team task performance indicators, as well as a collective focus on social responsibility and sustainability, are contingent on five key social dynamic factors, namely: identity processes, diversity, employee mobility, hierarchical power structures within organizations and organizational change. The course will address the most relevant theories on these topics, and illustrate their relevance for personnel management based on recent empirical findings. Moreover, the course will provide guidelines for theoretically based HRM interventions to improve team work in organizations. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | prof. dr. F.A. Rink | | Docent(en) | Dr. S. Bergerprof. dr. F.A. Rink | | Onderwijsvorm | -groepsbegeleiding , -hoorcollege , -interactief hoorcollege | | Toetsvorm | -groepsopdracht, -groepspresentatie, -schriftelijk tentamen (open vragen), actieve deelname, open boek tentamen, schriftelijk tentamen met open vragen | | ECTS | 5 | | Entreevoorwaarden | This field course is exclusively offered to students officially registered as exchange students or as participants in the Masters of Science Human Resource Management, BA Change Management, BA Health | | Opmerkingen | For further information please contact the secretary of MSc HRM: Zedef Karakayali, z.karakayali@rug.nl - phone: +31 (0)50 363 4288, room 5411-0343 |
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| 53 | World Economy in Historical Perspective | EBM101B05 |
| The aims of this module are to provide at an advanced level the sources and methods of quantitative economic history, together with a review of some major findings of economic historical research of interest to economists. This course deals with selected issues during the period of modern economic growth that is, from the industrial revolution until the present time. Within this time frame growth processes of different parts in the world are discussed and compared. The course will address the issue of transferability or replicability of the Western experience to other regions under different institutional and social conditions. Important questions include: How did globalization begin? When and why did it lead to development or underdevelopment, did it play a role in the great divergence in income between the West and the rest of the world. What was the impact of colonialism and free trade on these regions. What lessons does history teach to countries that want to catch up to the West today? The course focuses on important topics related to modern economic growth: technological progress / general purpose technologies, historical institutional analysis, globalization and the historical geography of economic development and Divergence Big Time: Global economic growth since 1870. Students should achieve an understanding of both how economic historical research can be used to shed light on the current state of the economy and how economic analysis can sharpen our understanding of history. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | prof. dr. J. Bolt | | Docent(en) | prof. dr. J. Bolt G. Lecce, PhD. | | Onderwijsvorm | -individuele begeleiding, -interactief hoorcollege , groepsbegeleiding | | Toetsvorm | actieve deelname, essay, verplichte aanwezigheid | | ECTS | 5 | | Entreevoorwaarden | Introductory bachelor course in Economic History or Development Economics (level: E. Helpman, The Mystery of Economic Growth, London, 2004; David N. Weil, Economic Growth, Singapore, 2009; C.I. Jones, Introduction to Economic Growth, London, 2002; K.G. Persson, An Economic History of Europe: Knowledge, Institutions and Growth, 600 to the Present, Cambridge, 2010). | | Opmerkingen | Info: Dr Jutta Bolt, e-mail j.bolt@rug.nl
Secretary Kim Beute, phone +31(0)50 3637018, e-mail k.beute@rug.nl, room 5411.0734 |
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