| 1 | 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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| 2 | 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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| 3 | 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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| 4 | Consequentialism | FI184AS |
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| 5 | 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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| 6 | Cultural Heritage Ethics | FI224NN |
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| Faculteit | Wijsbegeerte | | Voertaal | Engels | | Docent(en) | Dr. R.W. Hanson | | Onderwijsvorm | werkcollege | | Toetsvorm | essay | | ECTS | 5 |
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| 7 | Cultural Psychology | PSMSB-12 |
| Het centrale thema van deze cursus betreft de fundamentele vraag of mensen, binnen maar ook over culturen heen, psychologisch fundamenteel van elkaar verschillen of juist een identieke kern hebben. De cursus is zo opgezet dat verschillende kernthema's in de psychologie worden behandeld, zoals emoties, moraliteit, zelf en identiteit, normen en sociale relaties, acculturatie en immigratie. Deze thema's worden aangevuld met thema's als het nut van en praktische problemen met cross-cultureel onderzoek. Kortom, deze cursus past theorie en onderzoek uit de culturele psychologie ook toe op het dagelijks leven (bijv. samenwerken met mensen met verschillende culturele achtergronden) en op de samenleving (bijv. immigratie). De nadruk hierbij ligt op 'cultuur' als een psychologisch (en niet een geografisch) construct, dat toegepast kan worden op ieder verschil tussen groepen mensen die het eens zijn over wat waar en van waarde is in de samenleving. De kernboodschap van de cursus is dat alhoewel theorie en onderzoek uit de culturele psychologie veel verschillen tussen mensen heeft gedocumenteerd, deze verschillen alleen begrepen kunnen worden vanuit een perspectief dat mensen in de basis fundamenteel hetzelfde zijn. In veel gevallen (emotie, moralititeit, zelf-constructie, sociale relaties) zullen we zien dat mensen dezelfde fundamentele processen delen maar deze op verschillende manieren vertalen, afhankelijk van verschillende culturele normen. Dit perspectief dat gebaseerd is op fundamentele gelijkenis (i.p.v. verschillen) suggereert hiermee dat veel culturele 'conflicten' geworteld zijn in het niet goed begrijpen van hoe de ander deze vertaalslag maakt, wat hoopvol stemt over het vinden van oplossingen voor zulke conflicten. |
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| 8 | Economic Development | EBM095B05 |
| Why are some countries poor and some countries rich? This course explores the measurement and analysis of growth and development in today's world. Global economic growth has been rapid since the 1950s but uneven across countries, and major challenges to growth have appeared in the last decade. What were successful growth strategies in the past, and what are the implications of recent changes to trade and technology? What are the implications for inequality and the sustainability of living standards around the world? We discuss new global trends that provide both opportunities and challenges for growth and development. This will be done by in-depth study and discussion of major articles in this field. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | dr. G.J. de Vries | | Docent(en) | dr. G.J. de Vriesprof. dr. R.C. Inklaar | | Onderwijsvorm | -hoorcollege , -werkcollege | | Toetsvorm | -computer test/wekelijkse quiz, -individuele opdracht, schriftelijk tentamen met open vragen | | ECTS | 5 | | Entreevoorwaarden | Intermediate-level of knowledge on theory and empirics of Economic Growth or Development Economics is strongly recommended. | | Opmerkingen | Secretariat GEM: gem.feb@rug.nl, +31(0)50 363 3458, 5411.0538
Coordinator: g.j.de.vries@rug.nl |
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| 9 | 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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| 10 | 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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| 11 | Environmental psychology | PSMSB-2 |
| Ons gedrag levert een belangrijke bijdrage aan milieuproblemen, en omgevingscondities beïnvloeden ons welzijn en gedrag. Hoe kunnen we mensen motiveren om milieuvriendelijk gedrag te vertonen, en hoe beïnvloeden omgevingsfactoren ons welzijn en gedrag? De omgevingspsychologie bestudeert de transactie tussen mensen en hun natuurlijke en gebouwde omgeving. In het eerste deel van de cursus gaan we in op de invloed van de omgeving op het welzijn en gedrag van mensen. Er wordt onder meer besproken hoe omgevingsstressoren (zoals lawaai en stank) en risico's (zoals klimaatverandering) invloed kunnen uitoefenen op het welzijn en het gedrag van mensen. Daarnaast wordt ingegaan op de positieve effecten van natuur voor gezondheid en welzijn. In het tweede deel wordt ingegaan op de invloed van de mens op de kwaliteit van het milieu. We gaan in op factoren die van invloed zijn op milieugedrag en op effectieve en acceptabele manieren om milieuproblemen te verminderen door middel van gedragsverandering. We gaan specifiek in op psychologische aspecten gerelateerd aan energieproblemen, en mogelijkheden om een duurzame energietransitie te stimuleren. Deskundingen van binnen en buiten de vakgroep geven gastcolleges. |
| Faculteit | Gedrags- en MaatschappijWetenschappen | | Voertaal | Engels | | Coordinator | C.A. Kok, MSc. | | Docent(en) | guest lecturers C.A. Kok, MSc.prof. dr. E.M. Steg | | Onderwijsvorm | hoorcollege | | Toetsvorm | schriftelijk tentamen (essay) DIGITAL | | ECTS | 5 | | Entreevoorwaarden | Deze cursus is toegankelijk voor alle RUG-masterstudenten. Niet-psychologiestudenten kunnen een aanvraagformulier verkrijgen bij de onderwijsbalie van GMW. |
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| 12 | Fallacies | FI204JL |
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| 13 | 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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| 14 | F&M 3: Philosophy of Climate Change | FI224CC |
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| 15 | Foreign Dir. Investment & Trade (MSc) | EBM086A05 |
The aim of this course is fourfold:
1. To Introduce modern globalization and the current discussion on the winners and losers of globalization.
2. To describe recent developments in international trade theory that highlight the importance of individual firms (including MNEs); illustrate what can (or cannot) be explained using standard trade theory; and why modern developments are essential to understanding international firms.
3. To examine recent empirical evidence in order to discover whether the theoretical predictions about trade, its consequences and MNE behavior correspond to the stylized facts in the “real world”.
4. To analyze empirical evidence that tries to explain various aspects of MNE behavior; export choice vs the MNE choice, the importance of organizational forms that make firms successful on the international market, etc. |
| Faculteit | Economie en Bedrijfskunde | | Voertaal | Engels | | Coordinator | prof. dr. S. Brakman | | Docent(en) | prof. dr. S. Brakmanprof. dr. J.H. Garretsendr. T. Kohl | | Onderwijsvorm | -gastcollege , -hoorcollege , -werkcollege | | Toetsvorm | -schriftelijk tentamen (open vragen) | | ECTS | 5 | | Entreevoorwaarden | Admittance to the MSc ED&G. | | Opmerkingen | The course will include one or more guest lectures if possible.
Secretariat GEM: gem.feb@rug.nl, +31(0)50 363 3458, 5411.0538. Brakman is coordinator in I a, Kohl is coordinator in II a. |
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| 16 | Global Dynamics | THM-GDLC5 |
The course intends to give insight into the processes that are involved in the interaction between local cultural and religious systems and global economic, political and ideological forces like capitalism and colonialism. In contrast to the widespread assumption that indigenous local cultures just give way to overpowering global forces there are many examples of local cultures dealing very creatively with aspects of globalization on their own terms.
We will deal initially with the concepts of society and culture in order to have a firm basis to discuss the dynamics between local and global patterns and cultural change. We will then discuss in some detail the theoretical approaches of Louis Dumont and Marshall Sahlins (perhaps others) in relation to specific cases. At the end of the course students will write a reflection essay in which they are asked to bring into dialogue a concrete ethnographic case with selected theories (or aspects thereof) discussed in the course. |
| Faculteit | Godgeleerdheid en Godsdienstwetenschap | | Voertaal | Engels | | Coordinator | Dr. P. Berger | | Docent(en) | Dr. P. Berger | | Onderwijsvorm | lectures and seminars | | Toetsvorm | | | ECTS | 5 | | Opmerkingen | - Workload: sessions 21h, readings 80h (ca. 480 pages), written assignments 12h, presentation(s) 6h, reflection essay 21h.
- Research master studenten kunnen deze cursus volgen maar zullen een andere cursus code hebben: THRM-GDLC5. Om deze cursus als ResMa-student te volgen, zullen zij licht gewijzigde opdrachten uitvoeren. Dit zal worden uitgelegd in de cursusgids.
- In the event of emergency situations and force majeur, such as societal lockdown, changes may need to be made to class schedules and assessment. Your lecturer will inform you of these changes as soon as possible, should such a situation arise.
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| 17 | 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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| 18 | 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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| 19 | History of PPE | FI174PPEH |
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| 20 | 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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| 21 | 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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| 22 | Master's Thesis PPE | FI174S15 |
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| Faculteit | Wijsbegeerte | | Voertaal | Engels | | Docent(en) | | | ECTS | 15 |
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| 23 | Methods of PPE | FI174PPEM |
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| Faculteit | Wijsbegeerte | | Voertaal | Engels | | Coordinator | Dr. L. Henderson | | Docent(en) | Dr. L. Henderson | | Onderwijsvorm | groepsdiscussie, hoorcollege | | Toetsvorm | schriftelijk tentamen | | ECTS | 5 |
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| 24 | 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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| 25 | Normativity in Economics | FI224PR |
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| Faculteit | Wijsbegeerte | | Voertaal | Engels | | Docent(en) | Dr. R.W. Hanson | | Onderwijsvorm | werkcollege | | Toetsvorm | essay | | ECTS | 5 |
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| 26 | 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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| 27 | Place, Regions and Identities | CFMCG01A05 |
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| 28 | Policy Seminar 1 | FI174SEMP1 |
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| 29 | Policy Seminar 2 | FI174SEMP2 |
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| 30 | Political Epistemology | FI224PE |
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| 31 | Power and Leadership | PSMAB-7 |
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| Faculteit | Gedrags- en MaatschappijWetenschappen | | Voertaal | Engels | | Coordinator | Dr. D.C. Rus | | Docent(en) | Dr. D.C. Rus | | Onderwijsvorm | hoorcollege | | Toetsvorm | schriftelijk tentamen (essay) DIGITAL, schriftelijke opdrachten | | ECTS | 5 | | Opmerkingen | Voor deze cursus geldt een limiet van 80 deelnemers. De eerste drie weken van de intekentermijn staat de cursus enkel open voor WOP-studenten. |
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| 32 | 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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| 33 | Religion, Conflict and Globalisation | THM-RCGI5 |
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| Faculteit | Godgeleerdheid en Godsdienstwetenschap | | Voertaal | Engels | | Coordinator | Dr. J. Tarusarira | | Docent(en) | prof. dr. M.W. Buitelaardr. K.E. Knibbedr. E.H. MeinemaDr. J. TarusariraProf. Dr. C.K.M. von Stuckrad | | Onderwijsvorm | lectures and seminars | | Toetsvorm | assignments, final paper | | ECTS | 5 | | Opmerkingen | - Research master studenten kunnen deze cursus volgen maar zullen een andere cursuscode hebben: THRM-RCGI5. Om deze cursus als ResMa-student te volgen, zullen zij licht gewijzigde opdrachten uitvoeren. Dit zal worden uitgelegd in de cursusgids.
- In the event of emergency situations and force majeur, such as societal lockdown, changes may need to be made to class schedules and assessment. Your lecturer will inform you of these changes as soon as possible, should such a situation arise.
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| 34 | Research Seminars International Relation | FI19PPEIR |
The master's programme of International Relations offers a number of Research Seminars that might be intersting for PPE students.
Research Seminar: Dimensions of Citizenship
Research Seminar: Multinational Corporations
Research Seminar: Global Politics of Disease
Research Seminar: IPE of Global Financial Markets
Research Seminar: Political Economy of Migration
Research Seminar: Maps and Power
Research Seminar: Money, Trade and Crime
Research Seminar: IPE in the 21st century
Research Seminar: Integration Processes
Research Seminar: Security Studies
Research Seminar: The Politics of the Eurocrisis
Research Seminar: Human Rights, Democracy, Peace
Research Seminar: European Policy-making
Research Seminar: Ethics and Global Political Economy
Research Seminar: European Security Discourses
Research Seminar: Conflict, Security and Development
Research Seminar: Environment, Geopolitics Human
Research Seminar: Europe and China
Research Seminar: The Rise of East Asia
Research Seminar: History, Culture and Politics of East Asia
Most of these research seminars are programmed in the first semester, some in the second.
If you plan to take one of these seminars, please contact the study adviser at fil-study-advisor@rug.nl. |
| Faculteit | Wijsbegeerte | | Voertaal | Engels | | Docent(en) | | | Onderwijsvorm | werkcollege | | Toetsvorm | schriftelijk tentamen, schriftelijk tentamen met essayvragen, referaat/presentatie, schriftelijke opdracht(en) | | ECTS | 10 |
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| 35 | 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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| 36 | Social Phenomenology | FI194CK |
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| 37 | 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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| 38 | Theories of networks and sustainable cooperation | SOMASN02 |
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| 39 | Theories of PPE | FI184PPET |
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| 40 | 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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| 41 | 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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| 42 | Violence | FI224VV |
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| 43 | World Econonomy 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 | -interactief hoorcollege , -individuele begeleiding, groepsbegeleiding | | Toetsvorm | actieve deelname, 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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