Bachelor of Arts in
Business Economics
STUDENT’S
HANDBOOK
Lazarski University
Warsaw, September 2012
Content Page The Programme 4 The Degree 6 Assessment 8 Quality Assurance 13 Admission Procedures 15
Erasmus Study in BABE Programme 15
Administrative Issues 16
Course Descriptors 18
Mathematics 18
Introductory Microeconomics 19
Introduction to Sociology 20
Current Issues of the European and Global Economy 22
Academic Writing 24
Introduction into Business 26
Introductory Macroeconomics 27
Introduction into Economic Analysis 31
Economics of Integration 34
Information Technology 35
Intermediate Microeconomics 36
Issues in Macroeconomic Policy 37
Mathematical Economics 39
Statistics 41
Regional Economics 43
Introduction to Strategic Management 45
Banking and Finance 46
International Business Law 48
Research Proseminar 50 Accounting 51 Managerial Economics 52 International Economics 53 Intermediate Macroeconomics 55 Econometrics 56 Research Methods 57 Social Policy 59 Game Theory 60 Public Finance 61 Investment Analysis 62 BA Seminar 64 Electives 65 Financial Accounting 65
Monetary Theory and Policy - The Impact of Global Crisis 66
The World Economy – Retrospective View 68
The Small and Medium-Sized Enterprises (SME) Sector 70
Economics of Telecommunication 73
Demography and Economics of Contemporary European Migration 75
Personal Finance in Practice (with Excel) 76
Contemporary China - Genesis and Background of Chinese “Economic
Miracle" 77
Negotiations and Communication 78
Tax Policy 80
Introduction to Intercultural Management 84
Accounting in Financial Institutions 86
Introduction to Innovation Economics 87
The Monetary and Credit System in the Light of the Global Financial
Crisis 89
Corporate Growth and the Financial Markets 91
Balanced Scorecard in E-business and Process Specification of E-business
Applications 92
Managerial Skills and Team Management in E-business 94 Project Managing as a Method of Work and Value Supply in E-business 96
Teaching Staff 98
Wojciech Bie kowskiń 98
Krzysztof Brosz 99
Arun D’Souza 99
Bogna Gawro ska-Nowakń 100
Wojciech Grabowski 101 Krystyna Iglicka 102 Jarosław Jura 103 Piotr Kłossowicz 104 Agata Kocia 104 Andrzej Kondratowicz 105 Łukasz Konopielko 105 Katarzyna Kopczewska 106 Michał Kossowski 107 Maciej Krzak 107 Andrzej J. Kurnicki 108 Konrad Le niakś 109 Karol Lutkowski 110 Maciej Malicki 111 Rafał Matera 112 Andrzej Nał czę 112 Jarosław Neneman 113 Krzysztof Szczygielski 114 Maciej Turała 115
Paul Valdivieso Gonzalez 116
Anna Wasiela 117
Useful Vocabulary and Terms 119
Appendix A - Directions to Students at Examinations 120 Appendix B – Interim Verification and Appeals Procedure 122
Appendix C – Unfair Practice Procedure 130
THE PROGRAMME Basic Information
Lazarski University offers undergraduate Programme in Business Economics (BA in BE). It takes three years (six semesters) full-time studying to complete the Programme. Degree scheme is offered on modular basis. All courses of the Programme are taught in English. Graduates of the BE Study are awarded Single Honour Degree, BA in Business Economics (having gained 360 credits while passing all three year programme modules). Honours degree will be awarded with first, upper-second, lower-second or third class honours.
Rationale
Our idea is to educate open-minded business specialists, who are able to understand, analyse and solve different socio-economic problems in company or on different institutional levels, who are flexible and able to work irrespectively of geographical and/or cultural characteristics of their future job places. We believe that studying in environment of successfully transformed economy like Polish one may contribute into teaching and learning processes. Therefore, on purpose, our Programme consists of different case studies including the ones of our region, comparative analyses, various research techniques, and multidisciplinary studying materials. Our School is the right place to discover challenges and opportunities of business in Global Economy, which also means to compare emerging markets and transition economies with well developed countries. We employ experienced field specialists who are able to show wide perspective of conducting various studies of Old and New Member States of European Union, as well as of Ukraine, Russia or former Soviet Union Republics, and developing countries of Latin America and Africa. We hope to create added value to good education patterns combining benefits from studying in interesting, changeable environment that provokes empirical studies and inspire to further investigations with solid foundations of contemporary knowledge in the field of Economics.
Aims
Lazarski University BA Programme in BE aims to:
produce graduates educated in application of fundamental economic knowledge to real-life managerial, financial, ethical, and analytical problems encountered in business;
produce graduates who are properly equipped to develop their skills and professional interests to become key players in business irrespective of geographical location of their future job places and task diversification they may be given;
produce graduates who are aware how to apply their knowledge and skills effectively to many areas of their interests including strictly business as well as institutional and policy-making environments of business.
make students aware how to use the quantitative methods in appropriate way, i.e. solving different economic problems (on both micro- and macro-level of economy); in particular to encourage students to acquire autonomous and universal study skills, which should result in practical, independent, and investigative way of thinking of and dealing with economy;
introduce students into empirical part of economic studies making them experience and explore current issues of global economy from different perspectives, paying special attention to some problems of emerging markets and transition economies;
to share with students best understanding of practical, multidisciplinary approach towards globalisation, integration, crises, and other complex
issues appearing in micro and macro scale of contemporary global economy,
to provide students with the knowledge and skill base, from which they can proceed to further studies in Economics, related areas or in multi-disciplinary areas that involve Economics.
Learning Outcomes
Upon successful completion of the BA in Business Economics programme, students will acquire the following qualities and capabilities:
Knowledge and understanding in the context of the subject
1. Thorough knowledge and understanding of the fundamental concepts and theories in Economics,
2. evolution of contemporary economics and its practical business-oriented application.
3. Understanding of multidisciplinary, practical approach towards globalisation, integration, crises, and other complex issues appearing in micro and macro scale of contemporary global economy.
4. Introduce students into empirical part of economic studies, introduce current issues of global economy from different perspectives, paying special attention to some problems of emerging markets and transition economies
5. Deep understanding of basic mathematics and both quantitative and qualitative research methods.
Cognitive skills
1. Critical thinking; analysis and synthesis.
2. Recognising and using appropriate theories, concepts and principles from a range of Business Economics-related fields.
3. Independent practical,, and investigative way of thinking of and dealing with economy.
4. Locating, extracting, evaluating, analysing and combining different types of information sources.
Subject-specific practical\professional skills
1. Quantitative and qualitative research methods, theory analysis (applied), optimise decision making processes, particularly for employment in: Business, international organisations, institutions and corporations; global and EU-focused economic marketing and consulting; business environment of global economy, transition economies or emerging markets.
General\transferable skills 1. Creative thinking.
2. Communication skills; ability to express ideas clearly and to show and share understanding of the elements of an effective analytical process; ability to listen and respond to other people’s ideas.
3. Effective usage of various quantitative and qualitative research techniques for business economics.
4. Personal and leadership skills, including the use of group initiative, independence, and team working.
5. Managing time and resources efficiently. 6. Working in a multicultural environment. Special features:
Practical and multidisciplinary character of our studies guarantees open-minded attitude towards present challenges of global economy. English
dimensions of integration, and globalisation, equipped with up-to-date research techniques and good knowledge of emerging and other markets of global economy should be able to meet even most demanding employer’s expectations.
Studying in Poland that has experienced intensive transformation processes quite recently is extra benefit for students. Our programme consists of different case studies including the ones of our region, comparative analyses, various research techniques, and multidisciplinary studying materials. We pay special attention to challenges and opportunities of transition economies and emerging markets. Therefore, we employ specialists who deal with new Member States of European Union, Ukraine, or former Soviet Union Republics as well as developing countries in different regions of World Economy (Latin America, Africa).
Graduates
They are open-minded specialists well-trained in up-to-date research techniques (quantitative and qualitative ones) and aware of socio-economic differences of contemporary world. They receive solid foundations for being specialised in different business fields. They may offer their analytical skills, they can think critically and optimise decision making processes. They are prepared to understand global economy from company and macro level. They are flexible, cosmopolitan, ready to take advantage of changeable market environment. They may become business analytics, managers, and project co-ordinators. They are ready to lead a team and be an active member of it.
THE DEGREE Title: Bachelor of Arts in Business Economics
First year
Students follow a common first year programme. Elementary economics is concerned with both theory and application and is appropriate with or without earlier economic preparation. Course in mathematics has applicative character. It forms the basis for later courses of statistics, and econometrics as well as for research methods. Introduction into Social Sciences allows students to interpret and analyze scientific literature. We also offer empirical and theoretical introduction into better understanding of current economic issues. Therefore, there are some courses devoted to Polish economy, EU economy and global economy. At this stage students are expected to be equipped with necessary fundamentals that allow them to work with models, develop analytical skills, and use more advanced techniques of solving problems.
The Basic Course Structure Core courses
Title Coordinator Number of
ECTS/UK credits
Mathematics M. Malicki, Ph.D. 5/10
Microeconomics, Introductory Dr. J. Neneman 5/10
Introduction to Sociology Dr. J. Jura 5/10
Current issues of the European and Global Economy
Prof. dr hab. W. Bie kowskiń 5/10
Academic Writing I Mgr P. Kłossowicz 5/10
Introduction into Business Dr. Ł. Konopielko 5/10 Macroeconomics, Introductory Dr. A. Kondratowicz 5/10 Introduction into Economic
Analysis Dr. M. Krzak
8/15
Economics of Integration Dr. Z. Janiec 5/10
Information Technology Dr W. Grabowski 7/15
Second year
Students take courses in: statistics, intermediate micro-and macroeconomics. Moreover, they may choose some subjects that are supposed to broaden their knowledge about a firm and about the economy and support micro- and macroeconomic courses. On successful completion of this level our students should be able to describe, quantify, and interpret various economic issues using their just-acquired analytical skills. They should be also more aware of their areas of interest in economics. Students are offered only elective courses during second semester allowing them to specialize in their majors and to broaden their knowledge of BE in general.
The Basic Course Structure Core courses
Title Coordinator Number of
ECTS/UK credits Intermediate Microeconomics Dr. J. Neneman 5/10 Issues in Macroeconomic Policy Dr. M. Krzak 3/5
Mathematical Economics Dr. M. Krzak 5/10
Statistics Dr. M. Malicki 5/10
Regional Economics Dr. K. Szczygielski 2/5
Introduction to Strategic Management
P. Valdivieso Gonzalez, MA 5/10
Banking and Finance Dr. M. Turała 3/5
International Business Law Dr. A. Nał czę 2/5 Optional Courses*
(Six optional course out of nineteenth)
Title Coordinator Number of
ECTS/UK credits
Financial Accounting Dr A.J. Kurnicki 5/10
Demography and Economics of Contemporary European
Migration
Prof. K. Iglicka 5/10
Personal Finance in Practice
(with Excel) Dr. K. Kopczewska
5/10 Monetary Theory and Policy -
The Impact of Global Crisis Dr. M. Krzak
5/10 The World Economy -
Retrospective View Dr hab. R. Matera
5/10 The Small and Medium-Sized
Enterprises (SME) Sector
Dr. A. Kondratowicz 5/10
Economics of Telecommunication
Dr. Ł. Konopielko 5/10
and Background of Chinese “Economic Miracle"
Negotiations and Communication
Dr. J. Jura 5/10
Risk Management A. D’Souza, MA 5/10
Introduction to Intercultural
Management Dr. A. Wasiela
5/10 Accounting in Financial
Institutions Dr. Agata Kocia
5/10
Tax Policy Dr. J. Neneman 5/10
Introduction to Innovation
Economics Dr. K. Szczygielski
5/10 The Monetary and Credit
System in the Light of the Global Financial Crisis
Prof. K. Lutkowski 5/10
Corporate Growth and the
Financial Markets Dr. Konrad Le niakś
5/10 Balanced Scorecard in
E-business and Process Specification of E-business Applications
Michał Kossowski, MA 5/10
Managerial Skills and Team
Management in E-business Łukasz Konopielko, Dr 5/10 Project Managing as a Method
of Work and Value Supply in E-business
Krzysztof Brosz, MBA 5/10 *An elective course should have no fewer than ten students.
Third year
Students may study different aspects of European integration, globalization, developing economies as well as economic analysis for business, quantitative and qualitative research methods, labour- and regional economics, various approaches towards finance and management. Research methods is premeditated to help them specify these interests, and to support their individual research initiative. The Basic Course Structure
Core courses
Title Coordinator Number
of ECTS/UK
credits
Research Proseminar Dr. Ł. Konopielko 2/5
Accounting Dr. M. Turała 5/10
Managerial Economics Dr. J. Neneman 5/10
International Economics Prof. K. Lutkowski 3/5 Intermediate Macroeconomics Dr. B. Gawronska-Nowak 5/10
Research Methods Dr. J. Jura/Mgr. W. Grabowski 5/10
Social Policy Prof. K. Iglicka 3/5
Game Theory Dr. J. Neneman 5/10
Public Finance Dr. J. Neneman 5/10
Investment Analysis Dr A. Kurnicki 7/15
BA Seminar Dr. B. Gawro ska-Nowakń 10/20
ASSESSMENT Teaching and Learning
Part I of the Programme (1st and 2nd semester) carries 120 credits, on the basis of
eleven core modules, nine modules worth 10 credits each and two modules worth 15 credits each.
Part II of the Programme (3rd and 4th semester) carries 120 credits, on the basis of
eight core modules and six electives. Four core modules and six electives are worth 10 credits each. The other four core modules are worth 5 credits each. Part III of the Programme (5th and 6th semester) carries 120 credits, on the basis of
twelve core modules. One of the core modules is worth 20 credits (containing BA Thesis), seven of them worth 10 credits each, and three of them worth 5 credits each and one of them worth 15 credits.
Students’ presence in all classes is obligatory. Absence in 3 classes without serious reasons may lead to failing the course. Repeated unexcused absence (more than 3 classes missed) may lead to deleting a student from the Programme by the Programme Director. Student can excuse his/her absence due to illness and other serious reasons. All absences must be reported to the Programme Director. Students, who without good cause, fail to complete their forms of assessment by the required date or absent themselves from examinations, will be awarded a zero mark for the component concerned.
Contact Hours
Each course of 10 credits will require about 100 hours of student workload. This includes:
• 30 hours of contact time comprising lectures, seminar and consultation • 70 hours of individual study, including preparation of course work,
presentation, written papers and examination.
Each course of 5 credits will require about 50 hours of student workload. This includes:
• 15 hours of contact time comprising lectures, seminar and consultation • 35 hours of individual study, including preparation of course work,
presentation, written papers and examination. Methods of Assessment
The accepted methods of assessment include: • Examination papers (mid-term and final) • Term papers
• Group work • Case studies • Written assignment • Debates • Discussions • Essays • Written tests • Strategic games • Presentations in class
• Active class participation and quizzes • BA Thesis project
Indicative proportion of the assessment methods
Final examination 20% - 60%
Mid-term exam 20% - 30%
Case studies, projects, tests 20% - 60%
Essays, written assignments 10% - 40% For particular course assessment method consult its syllabi. The Structure of Assessment
Part I-II Semester I, II, III, IV: Assessment of each module will be based mostly on a written examination lasting usually 2 hours or a combination of a shorter examination (1.5 hour) and project/case study paper (2000 words). Additional methods are listed in the course descriptors and in the summary of the assessment methods. Part III Assessment of each module is mostly the same as in the previous
semesters, except for Thesis Project. The thesis should not exceed 10,000 words. Each thesis is marked independently by two members of the tutorial staff of the Programme. Students must obtain a pass on their thesis in order to obtain the BA Degree.
Marking scheme
Students will be assessed by the lecturers during each semester according to the following marking scheme:
British scale Polish scale
76-100%* 5,5* 70-75% 5,0 63-69% 4,5 54-62% 4,0 49-53% 3,5 40-48% 3,0 0-39% 2
* In the British scale a result ranging from 76% to 100% (in the Polish scale ‘celuj cy’ą ) is possible to be achieved by such a student who fulfils all the
criteria listed below:
1. does scientific research or participates in group research,
2. demonstrates outstanding knowledge and skills which are beyond the module content,
3. is excellent at an analysis and synthesis of issues, 4. doesn’t make any content-related errors.
Degree Criteria
To be awarded BA in Business Economics Degree students must pass all three parts of the scheme.
Part I (course work, 120 credits) 0% of the final grade Part II (course work, 120 credits) 33,3 % of the final grade
Part III (course work 100 credits, Thesis, 20 credits) 66,7 % of the final grade
Students will be graded on the basis of University of Wales award of qualifications for the undergraduates. The following table is suggested as a scale for undergraduate awards by University of Wales that the Lazarski University accepts:
Scale Percentage Degree Result A 70 – 100 First Class Honours B+ 60 – 69 Upper Second Class Honours B 50 – 59 Lower Second Class Honours C+ 40 – 49 Third Class Honours C 35 – 39 Pass Degree F 0 – 34 Fail
Lazarski University will assess students’ work using the above scales established by the University of Wales. One has to consider that the module pass mark is 40%.
A candidate who is admitted to a modular initial degree scheme but is subsequently unable, or is not permitted, to progress to completion may, depending upon the number of credits attained at the appropriate levels at the time of exit, qualify for one of the following awards:
Credits Pursued Candidate may exit the scheme
with eligibility for:
not fewer than 120 Undergraduate Certificate of Higher Education
not fewer than 240 Undergraduate Diploma of Higher Education
Examination Papers
form of assessment will be written examination papers. Examinations will be conducted according to the norms set out in University of Wales Academic Regulations and Directions to Students at Examinations (Appendix A).
Examination Marking
According to the University of Wales regulations, students are not permitted to appeal against academic judgement of the Examiners as fairness and consistency are ensured through the double marking process. In addition, the External Examiners will review the marking process and marks awarded. Both the overall results of assessment as well as each individual student’s result will be further scrutinized at the meeting of the internal examiners and at the final, decision-making Board of Examiners Meeting.
Internal
As soon as possible after completion of an examination the answer papers should be passed to the Internal Examiner for marking. The marks awarded for each answer should be shown clearly on the paper. Increasingly it is the practice for papers included in the determination of the class of degrees to be 'double marked', i.e. marked by two internal examiners. Additionally, where possible and practical, consideration should be given to maintaining student anonymity during the internal marking process. When the marking is completed the answer papers should be returned to the course director. Examiners will draw the director's attention to any papers which pose problems. Such papers may include those which are marginal with respect to classification, fails and, very rarely, those suspected of irregularities.
External
The course director will liaise with the External Examiner and agree a selection of papers to be proposed for further scrutiny by the External Examiner and/or Moderator. It is usual for the papers of a student who is marginal with respect to his/her overall classification to be included in such a sample. The External Examiner's and/or Moderator's views should be sought on all marginal students. The precise sample can be agreed with the External Examiner and Moderator but will cover a complete range of student performances. The External Examiner's and the Moderator's views must prevail in any discussion concerning classification of students' performances.
Thesis Assessment
Three reviewers mark the thesis independently: the Supervisor, an Internal Examiner and the UW External Examiner, who is required to review only a sample of theses.
Progression
The pass mark for a module at BA level is 40%. Students are normally required to complete successfully the full annual assessment programme before being permitted to proceed to the next year of study, and students who pass all modules will automatically progress to the following year/level of study. For students who have failed some modules the regulations of a re-sit examination, module repetition and compensation can be applied as follows:
Compensation: means that a student is awarded a pass grade, in exceptional circumstances, for work which was not quite of the required standard. If a student fails to pass a course, there is a possibility to compensate lacking points provided that the year average mark is higher than 40%. The compensation is possible only within the number of 4 points on any course. The practice of compensation would only be operated in exceptional circumstances. The decision whether to apply compensation or not belongs to the Examination Board. A student can
compensate in both core and elective courses. The maximum total number of UW credit points to compensate is 40. Compensation can also be applied when determining the classification of any final award to be made to a student.
Re-sit examination: students who have been unsuccessful in any module which contribute to the final award may be permitted up to 3 further attempts (after the first-term examination) to redeem their failure in each such module. However, there is a possibility to take one re-sit examination for each failed course during a semester. Modules recovered after a re-sit examination (or resubmission of re-sit assignment) can normally only achieve the bare pass mark (40%) in the module concerned (as opposed to the component), regardless of the mark actually obtained. A candidate may not re-sit any module or unit of assessment for which a pass-mark has been attained previously.
Repetition. The students who are not able to achieve pass in the re-sit examination may repeat the module. There is a possibility to repeat a maximum of 5 modules throughout the Programme. The final grade for the repeated course cannot be higher than 40%.
Deletion from the Programme
The Programme Director or Examination Board may delete from the Programme a student who, i.e.:
-fails more than 5 modules throughout the Programme,
-fails to redeem the failure to pass any module within 3 available attempts, -has made no progress during a semester.
Deleted students can be allowed to repeat an entire academic year. However, the marks for any modules in the level concerned that were already passed have to be forfeited by a student (they would not be capped).This cannot be applied to students in the final year of their studies.
Absence from Examinations and Assessments
Absence from any examination at a validated programme is only permitted on medical grounds (i.e. hospitalization) and satisfactory evidence for absence (a certificate of hospitalization) together with application must be submitted to the Programme Director for consideration no later than 3 days after the end of examination session. The Programme Director and the Examining Board shall have discretion to decide whether, on the basis of the evidence received, a student has been absent from examination with good cause. The Programme Director/Examination Board may also accept another excuse for not taking an examination/assessment at the time set for it stating other documented exceptional personal circumstances.
A student who, without good cause, has been absent from any examination or failed to complete other forms of assessment by the required date, shall be awarded a zero mark for the examination/assessment concerned. This zero mark shall be treated as any other mark in an Examining Board's procedure for arriving at the degree result.
Time-limits
All requirements for the completion of the BA degree must be met within not more than 5 years from the start of the scheme.
Examination Board
The final decision whether a student can or cannot proceed to the next
semester/year of study belongs to the Examination Board held usually at the end of each academic semester, which means that Examination Board’s decision
with respect to any student is final and cannot be appealed against.
Examination Board is a part of the quality assurance process. Any exceptional or mitigating circumstances, which may adversely affect student’s performance, must be reported to the Examination Board by submitting the application to the Programme Director.
The main tasks of Examination Board are to:
-ensure that the diet of assessment established in the course scheme has been duly administered by scrutinising examination scripts, projects, course work, and any other evidence of assessment;
-ensure that marking has been fair, internally consistent, and consistent with marking in UK higher education institutions;
-adjust marks, if necessary, to comply with the above objectives;
-ensure that students have satisfied the course and university regulations in order to either progress or qualify for an award of the University of Wales;
-determine appropriate action, such as re-sits, for students who have not satisfied the conditions for progression or qualification;
-take into account any special circumstances that may have affected student performance in any element of assessment and apply appropriate measures if necessary;
-take decisions on any borderline cases; -decide final degree classifications
-discuss any cases of unfair practice or other breaches of the regulations; -make recommendations for future assessment exercises.
Disclosure of Marks and Feedback to Students
It is important to distinguish between unconfirmed marks and confirmed marks. Unconfirmed marks are those that have not been confirmed by an annual Examining Board including the External Examiner. Confirmed marks are those that have been confirmed by an annual Examining Board including the External Examiner. Confirmed marks are released to students after having been finally approved by the Examining Board.
Students are given individual feedback on their performance to date as this promotes learning and facilitates improvement. Any feedback should be constructive and timely, in order for a student to benefit from the feedback and to improve their performance If unconfirmed marks are provided, students should be made aware that any marks are subject to final confirmation by an Examining Board.
Right of Appeal
Students have the right of appeal in accordance with the University of Wales “Verification and Appeals Procedure” (Appendix B).
UW Unfair Practice Procedure – Appendix C UW Student Complaints Procedure – Appendix D
QUALITY ASSURANCE
The ultimate responsibility for Quality Assurance rests with the Rector. It is exercised through a series of committees and additional measures which ensure that everyone from professors to students is involved in the process.
Internal Validation Procedures
Duties: To oversee the general running of the Institution and to ensure that proposed alterations of academic programmes are fully discussed and agreed before implementation. To consider any other matter of relevance to its members. The Provost Board comprises the following members:
Provost
Deputy Provosts
Deans of the Faculties of Economy and Management; Law Heads of Departments
Representatives of the Professors Representatives of junior Faculty staff Representatives of Administration Representatives of Students Meetings: At least once a semester
(2) Board of each Faculty
Duties: Faculty Board is an equivalent of the Senate on the level of the Faculty. Membership:
Dean and his deputies (among them Course Director) Heads of Departments
Senior doctors (with “habilitation”) employed at the Faculty Representatives of junior Faculty staff
Representatives of Students Meetings: At least once a semester
(3) BA in Business Economics Board
Duties: To oversee running of the Programme (Course) and to propose alterations.
Dean of the Faculty of Economics and Management Programme Director
Faculty teachers in the Programme Meetings: At least twice a semester
(4) Staff – students meetings Programme Director
Faculty teachers in the Programme Students of the Course
Meeting: At least once a semester (5) The Examination Board
Duties: To review the marks of individual students following his/her final exam and to make the decision on granting the degree at the end of the programme Membership
Programme Director Internal Examiners External Examiners Meetings: At least once a year
(6) Joint Board of Studies
Duties: to review the Programme and to accept or reject propositions of Programme and staff changes.
Programme Director Moderator
External Examiner
Representative of the Validation Unit Representative of the Faculty
Representative of Students Meetings: Once a year
The Dean
The overall responsibility lies with the Dean of the Faculty of Economics and Management. The Dean remains in regular contact with the Heads of Department attached to their Faculties. The Dean has a specific responsibility to review the performance of all his/her staff every two years. He supervises the work of the Programme Director.
Programme Director
The Programme Director, reports directly to the Dean of the Faculty of Economics and Management. He is responsible for the Course content, structure and organization. He maintains contact with the teaching staff and the students to assure the proper quality of the teaching and learning process. He arranges BA Board and Examination Board meetings. He keeps in touch with the moderator and the external examiner, and maintains contacts with the Validation Unit of the University of Wales.
Students’ Programme Evaluation
Students are encouraged to talk to both their own lecturers and the Programme Director regarding any problems or complaints they may have with delivery of any course. At the end of each semester, they are obliged to complete a questionnaire on each course. These questionnaires are regularly reviewed by the Programme Director and by the Dean of Economics and Management Faculty.
Staff Appraisal Scheme
The Dean of the Faculty reviews any staff changes proposed by the Programme Director. In general, direct responsibility for staff appraisal rests with the heads of departments and through them with the Dean of the Faculty. Ultimate responsibility rests with the Rector.
The Head of Department calls regular evaluation meetings of lecturers employed in the Department and sets the performance objectives of the unit. The Head reviews the syllabi, discusses the content of the courses, visits the classes taught by junior staff and provides feedback about performance. He/she also acknowledges the achievements and reacts in case of students’ complaints. Each Faculty has also a Committee for Staff Appraisal which reviews teachers’ performance by reviewing it every two years. The evaluation process concerns the following:
• research and publication • teaching performance
• activities in professional associations and organizations • student evaluation.
The Rector additionally collects information about the academic staff from the Student Union and from the Deans who receive feedback on the academic
performance of the staff from the heads of departments and the students. The results of lecturer’s overall assessment constitutes the basis for reward, promotion or dismissal.
ADMISSION PROCEDURES
Lazarski University accepts Bachelor’s degree candidates on the basis of their secondary education achievements. The candidates must complete secondary education prior to the admission. Additionally, we expect that they are proficient in English. They need to present either internationally recognized English certificates or pass a language test at Lazarski University. For applicants whose first language is not English, the minimum English Language Requirements is 6.0 IELTS.
The required documents are:
• Original or certified true copy of second level diploma (A-level certificate or an appropriate local equivalent) translated into English by a sworn translator);
• Original or certified true copy of IELTS, Cambridge Advanced Proficiency, or TOEFL scores;
• To be eligible for admittance to study, a candidate shall have attained the age of 17 years or over at the time of entry.
ERASMUS STUDY IN BABE PROGRAMME
Students admitted into the BABE Programme can apply for Socrates/Erasmus study during the 4th semester of study only.
Students can apply for exchanges solely to institutions recognized by Lazarski University
The maximum number of credits that a candidate can undertake at an institution elsewhere should not exceed 120 (assuming a 360 credit degree).
Students should pursue modules at a level which is applicable to their level of study at Lazarski University.
Modules pursued elsewhere should not normally be core modules. Where core modules are substituted, the module leader should have made an evaluation of the replacement modules to be pursued by the candidate. If an equivalent module is not offered, the student should pursue the module(s) concerned on his/her return.
Candidates trailing modules are permitted to undertake study elsewhere, provided that they attempt retrieve failures on their return.
The methods of assessment should have been agreed by the module leaders concerned.
The Program Director must approve the details of Socrates/Erasmus study program three months before undertaking such study, therefore students are asked to provide the Registrar with an accepted Learning Agreement by the Program Director until the end of May.
ACADEMIC YEAR 2012/13: important dates Winter semester dates: 01/10/2012 - 11/01/2013
Winter semester examination session dates: 14/01/2013 - 26/01/2013 Winter semester re-sit examination session dates: 04/03/2013 - 15/03/2013 Summer semester dates: 11/02/2013 - 17/05/2013
Summer semester examination session dates: 27/05/2013 - 07/06/2013 Summer semester re-sit examination session dates: 02/09/2013 - 13/09/2013 USEFUL ADDRESSES www.lazarski.edu.pl www.wales.ac.uk http://www.lazarski.pl/en/faculties/validated-studies-registrar/ http://www2.lazarski.edu.pl/zasoby/ USEFUL INFO
Students are asked to contact the Validated Studies Registrar personally (362 room/3rd floor/sector F), by phone (022 54 35 369) or e-mail ([email protected]) when they, i.e.:
-need an application form to the Programme Director and want to submit it to him; -need a statement about their student status;
-change their personal details, address, e-mail address or telephone number; -face a sudden personal situation that has influenced their current mode of studies;
-have lost their ID card; -have a disability; -wish to withdraw; -have a complaint;
-have any other issues related to the studies.
REGISTRATION WITH THE UNIVERSITY OF WALES
During the first semester of studies, Lazarski University registers each student of a validated programme to the University of Wales Student Database. Lazarski supplies the UW with a student’s registration details including their individually set email address of Lazarski i.e. [email protected] . Please contact [email protected] to learn your Lazarski’s email address and how to access it. With these details, the UW will be able to set up an account for a student to use UW Global Campus (which the Online Library is part of). Each student then receives the Welcome Email from the UW with login details to access the Global Campus (this email and any further emails from the UW will be sent to a student’s Lazarski’s email address and not a private one). As a University of Wales student, through the Global Campus access they will be able to i.e.:
• have access to information about the University of Wales,
• network with students all over the world through the University’s website,
• use the University of Wales Online Library of high quality electronic databases, eJournals and eBooks (see Welcome to the Online Library video,
• complete an International Student Survey on study experience,
• apply to act as Student Representative on University of Wales committees. Additionally, students are recommended to read the Guide for New Students and my
Wales - An Introduction , for an overview of myWales, it's features and a welcome message from the UW Vice Chancellor. Global Campus web service offers students access to information about the University of Wales, membership of myWales social network with automatic membership of groups for a student’s
course and institution, for students at collaborative institutions with validated provision, access to the University’s Online Library - a dedicated virtual library service.
COURSE DESCRIPTORS Mathematics
LEVEL SEMESTER CODE HOURS CREDITS
I I core 60 10 PREREQUISITES None UNIT COORDINATOR Maciej Malicki, Ph.D. TEACHING METHOD
The course will be run in the form of lectures and discussion sections (supplementary course).
ASSESSMENT
50%- final exam (1-7), 20%- mid-term exam given in mid November (1-3), 30%- at least 10 in-class quizzes given during discussion sections (1-7).
COURSE DESCRIPTION
The goal of this course is to make student familiar with basic mathematical tools used in economy and business. Topics include sets, functions of one and several variables, matrix algebra, an introduction to the derivative and integral. Some basic connections with economics will be presented, e.g. The production function, the logistic function, the Leontief input-output model, consumer surplus, etc. COURSE LEARNING OUTCOMES
1. Understand and apply the notion of a set and basic operations on sets; 2. perform matrix operations, reduce matrices to row echelon form, solve
systems of linear equations, use the Leontief input-output model to solve real world problems;
3. know the definitions of a function, continuity and limit, sketch graphs of elementary functions, such as polynomial, trigonometric and exponential functions;
4. define and use the derivative of a function, understand geometric and physical interpretations of the derivative, calculate and apply derivatives to find extreme points;
5. know economic applications of the derivative such as marginal analysis and elasticity of demand;
6. understand the concept of the definite and indefinite integral, have mastered basic techniques of integration such as substitution and integration by parts;
7. understand the notions of a partial derivative of a function of several variables, gradient, level curves, extreme points and constrained extreme points.
COURSE TOPICS • Sets
• Matrix algebra and systems of linear equations • Functions, limits, and continuity
• Derivative of a function of one and several variables, and its connection with extreme points
TEXTBOOK
S. Warner, S. R. Costenoble, Finite Mathematics and Applied Calculus (Thomson, Brooks/Cole)
ATTENDANCE AND IN-CLASS DISCUSSION • Attending classes is required.
PERFORMANCE EVALUATION
• Your performance in this course will be evaluated on the basis of your results on quizzes given at the beginning of discussion sections, and your scores on mid-term and final examinations.
Introductory Microeconomics
LEVEL SEMESTER CODE HOURS CREDITS
I I core 75 10 PREREQUISITES None UNIT COORDINATOR Jarek Neneman, Ph. D. TEACHING METHOD
30 hours, 80% lectures, 20% discussions ASSESSMENT
Student performance on short test and final exam (1.5 hours) will constitute the basis for the final grade. Grading: tests (40%) (1, 2) and final exam (60%) (1, 2). CONTENT
1. Introduction to economics 2. Thinking like economist
3. The market forces of supply and demand 4. Elasticity and its applications
5. Supply, demand and government policies
6. Consumers, producers and the efficiency of the markets 7. The cost of production
8. Firms in competitive markets 9. Monopoly
10. Game theory 11. Oligopoly
12. Monopolistic competition
13. The market for the factor of production 14. Externalities
15. Public goods
LEARNING OUTCOMES
At the completion of the module participants should be able to
1. understand conceptual framework for thinking about economic issues and problems;
2. to apply this framework to real-world events and policy issues. TEXTBOOK AND READING
Introduction to Sociology
LEVEL SEMESTER CODE HOURS CREDITS
I I core 45 10 PREREQUISITES None UNIT COORDINATOR Dr Jaroslaw Jura COURSE DELIVERY
30 hours, 67% lectures, 33% discussion ASSESSMENT
Final exam (2 hours) 60% (1-3), midterm exam 20% (1, 2), 4 short in class exams 20% (5% each) (1-3)
COURSE DESCRIPTION
The aim of the course is to provide students with knowledge about sociological concepts, which may be useful for future economist. Although the most rudimental classical theories are to be mentioned, stress will be put on the contemporary social features influencing strongly economic situation and selected socio-economical problems of globalizing world. Thus student will not only learn basic sociological glossary, but, what is even more important, shall be able to understand how social factors influence the economic situation in contemporary world.
CONTENT
1. Beginnings of sociology as a social science. Giddens, Chapter 1
2. Social nature of “homo sapiens”. Biological fundaments of human being. Sociology versus ethology and socio-biology.
Reading: Edward O. Wilson: On human nature, Chapter 2 and 7 3. Ambivalences of needs and requirements.
Reading:
http://www.emotionalliteracyeducation.com/abraham-maslow-theory-human-motivation.shtml
Lowdon Wingo, 1977, “ Objective, Subjective, and Collective Dimensions of the Quality of Life” in: Lowdon Wingo, Alan Evans, Public Economics and the Quality of Life, University of Miami; The Johns Hopkins University Press, pp 13-27
4. Decision making, exchange theories.
Reading: George C. Homans, 1958, Social Behavior as Exchange, The American Journal of Sociology, Vol. 63, No. 6
5/6. Socialization, interaction and identity.
Reading: Max Weber "The Protestant Ethic and the Spirit of Capitalism", Chapter 1,2 and 5
http://www.ne.jp/asahi/moriyuki/abukuma/weber/world/ethic/pro_eth_frame.html Giddens, Chapter 5, 6
7. Society and Culture Reading:
Konecki Krzysztof, “ Reproduction Of Organizational Culture – What Does Organizational, Culture Recreate?” Problems and Perspectives in Management , Vol. 4, issue 4: 26-41, 2006
8. Classical concepts of social structure (micro, mezzo and macrostructure) and social class. Are they still relevant in contemporary world?
9. Social institutions and bureaucracy. Giddens, Chapter 16
Recommended reading: A. M. Henderson, Talcott Parsons, Max Weber, 1947, The Theory of Social and Economic Organization, Oxford University Press, pp 324 – 341
10. The changing world – globalization, transformation, hybridization etc. – new concepts for new era.
Giddens, Chapter 2
Recommended reading: Jeremiah J. Sullivan, 2002, The Future of Corporate Globalization: From the Extended Order to the Global Village. Quorum Books. pp. 7-28
11. Changing family and gender role. Giddens, Chapter 7 and 12
12. Internet influence – virtual society Giddens, Chapter18
LEARNING OUTCOMES
On completion of this module a student should be able to: 1. recognize and analyze some basic sociological concepts
2. understand similarities and differences between sociology and economics 3. understand how social features influence economic situation of
contemporary world TEXTBOOK
Current Issues of the European and Global Economy
LEVEL SEMESTER CODE HOURS CREDITS
I I core 30 10
UNIT COORDINATOR Prof. Wojciech Bie kowskiń [email protected] TEACHING METHOD
30 hours, 70% lectures, 30% group work, case studies, problem sets ASSESSMENT
Exam (1.5 hour) 60% (1-3), midterm 20% (1, 2), activity 20% (strategic game, papers, active participation at classes) (1-3)
OFFICE HOURS
Monday 4-5 pm, Dean Office 3rd floor, room 363 or e-mail the Assistant in case of
general questions. INTRODUCTION
Course will provide students with knowledge of European integration and globalisation (theory and practise). This course will analyze major issues with respect to international movements of goods, services, capital and people in the era of globalisation. The course will also address some aspects of economic growth and development such as a problem of efficiency or competitiveness of different socio-economic models, the role of government in conducting economic policies and some ecological challenges, which may force us to restructure some of our priorities
CONTENT
1) Economic integration and globalisation as natural phenomenon of development-old and new determinants
2) Economic, Political and Social Consequences of Integration and Globalisation 3) International economic institutions (IMF, World Bank, WTO) and its impact on globalization
4) Multinational corporations and capital groups as new powerful actors in global economy
5) European Monetary Union, Euro, European Central Bank
6) European enlargement and its impact on Poland and her economic growth and competitiveness
7) Financial crises and its impact on small and midsized countries like Poland LEARNING OUTCOMES
The course will provide the participants with:
1. the background to understand the opportunities and challenges posed by a rapidly changing international economic environment
2. basic tools to analyze and understand European integration and globalisation
3. understand economic aspects of more integrated world economy and the choices the government have to make to make their economies
competitive READING MATERIAL
High quality survey articles of academic publications such as the International Journal of Social Economics. Students will have to analyze and critically assess
material published in weekly and daily publications such as The Economist, The Financial Times, Business Week, Fortune or Forbes
TEXTBOOKS
1. Charles W. L. Hill International Business: Competing in the Global Marketplace" McGraw Hill. International Edition, 2011 or earlier editions ( related chapters)
2. The Global Competitiveness Report 2011-2012, WEF, 2011 (available on website)
Supplementary readings (selected chapters and/or selected pages) :
1. Poland: Competitiveness report 2011” World Economy Research Institute”. WSE, Warsaw, 2011
2. R. Piasecki, M. Wolnicki, “The Evolution of Development Economics and Globalization”, International Journal of Social Economics, London – New York, March 2004.
3. J. Bhagwati, In Defense of Globalization, Oxford 2004.
Academic Writing
LEVEL SEMESTER CODE HOURS CREDITS
I I/II core 150 20 PREREQUISITES Level of English – B2. UNIT COORDINATOR Piotr Kłossowicz, MA LEARNING APPROACH
120 hours during two semesters, 60 hours each semester.
Solving exercises, short lectures, analyzing longer essays and others texts and discussion, depending on the content of each class.
ASSESSMENT
Course requirements for the 1st term:
mid-term test – 20 % , three in-class-essays – 30 %, 1,000-word essay – 10 %,
end-of-term in-class essay – 40 %. Course requirements for the 2nd term:
mid-term test – 20 % , three in-class-essays – 30 %, 2,000- word essay – 20 %,
end-of-term in-class essay – 30 %. AIMS
This course will help students to participate actively in all forms of written assessment made in English, especially to write examination papers and to prepare dissertations.
CONTENT
The course will focus on two activities: preparing & writing an essay and reading model essays.
Students will practice a variety of exercises. These will range from error correction to paraphrasing, depending on the content. The following issues will be covered:
• punctuation (participle clauses, defining & non-defining relative clauses, subordinate clauses, indirect speech, etc.)
• linking words
• avoiding repetition as opposed to repetition for emphatic purposes • emphatic sentences & inversion.
• paragraph & outline of the essay, sequencing ideas • personal & impersonal tone
• formal register and its characteristics
• quotations, footnotes and & dealing with sources.
Students will write essays on a regular basis. Apart from that, they will prepare longer essays for the end of the course. It will be guided work and they will be required to produce outline for a specific date and the essay a week before the end of the term.
Students will read essays in order to summarize them, both during classes and as written tasks. These summaries will make them aware how to focus on the main ideas of the text.
LEARNING OUTCOMES
On completion of the module, students will be able to write papers and essays in English on a variety of topics and be able to do short research.
THE MAIN TEXTBOOK
• Hogue, A & A Oshima, Writing Academic English, Pearson Longman, 2006 ADDITIONAL TEXTBOOKS
• Graver, B D, Advanced English Practice, Oxford University Press, 1996 • Jordan, R R, Academic Writing Course, Longman, 2002
• Macpherson, R, English for Academic Purposes, Wydawnictwo Naukowe PWN, Warszawa, 2004
• McCarthy M & F O’Dell, Academic Vocabulary in Use, Cambridge, 2008
• McCuen, J R, A C Winkler, From Idea to Essay, Boston, 2001, 9th edition
• Morley, J, P Doyle & I Pople, University Writing Course, Express Publishing, 2007
• Vince, M, First Certificate Language Practice. English Grammar and Vocabulary, 4th edition, Macmillan, 2009
• Vince, M, Macmillan English Grammar in Context. Advanced, Macmillan, 2008
Introduction into Business
LEVEL SEMESTER CODE HOURS CREDITS
I I core 30 10
UNIT COORDINATOR Dr Łukasz Konopielko COURSE DELIVERY
30 hours (lectures 60%, empirical case studies 30%, discussion 10%) ASSESSMENT
Case study presentation – 30% 8); midterm 20% (1,2,3,4,5), final exam 50% (1-8)
BRIEF DESCRIPTION
During this course students are introduced to general business principles that they can apply to their everyday lives. Through hands-on activities, tasks and projects, students will explore the basic principles of management and economics. The course will try to give a practical introduction into business activity by seeking to explore available cases of business practice as well as identifying links between economic theory and business reality.
CONTENT
• Introduction. How far is economic theory from business practice? Applied economy and its applications. Market Experiments: the laboratory versus the classroom.
• Entrepreneurship in changing environment, small vs large business. Internet Economy and e-business
• Principles of market – factors influencing market structure. Family and home-based businesses.
• Enterprise – structure, major indicators, general characteristic. How to value company? How to read financial statements?
• Different ways of being an entrepreneur – starting a new business, buying an existing business, franchising and other alternatives
• Legal structure for business activity
• Business case – an economic side of business projects
• Business plan – where theory meets reality. Case study: In search of your own business.
• Business plan development: introduction, marketing, management and personnel, financing, risk.
LEARNING OUTCOMES
Upon completion of this course, students will be able to:
1. Identify and interpret basic economic processes in surrounding world 2. Understand the breath and scope of business
3. Design and set up a business plan
4. Understand and explain the power of economic theory 5. Illustrate economic principles by real cases
6. Identify links between economic theory and business reality
7. Understand the nature of firm, business-plan and financial statements. 8. Critically examine business trends and relate them to the underlying
economic concepts. TEXTBOOK
P. Lambing, C. Kuehl, Enterpreneurship 3rd ed., (New Jersey, Prentice Hall, 2003).
RECOMMENDED READING
R. Ebert, R. Griffin Business Essentials, 6th ed. (New Jersey, Prentice Hall, 2007)
J. Sloman, K.Hinde, Economics for business, 4th edition, (Harlow, FT Prentice Hall,
2007).
S. Levitt and S.Dubner, Freakonomics : a rogue economist explores the hidden side of everything (New York : William Morrow, 2006)
Introductory Macroeconomics
LEVEL SEMESTER CODE HOURS CREDITS
I II core 75 10
PREREQUISITES Microeconomics,
Mathematics (high school algebra and basic concepts of calculus: first and second derivatives of functions of one and many variables)
UNIT COORDINATOR
Dr. Andrzej Kondratowicz, Associate Professor COURSE DELIVERY
30 hours of lectures; supplemented by 45 hours of problem solving and other exercises/discussions in Sections
ASSESSMENT
The final grade for the course will consist of the following elements: 40% = Final Exam (comprehensive) (1-13)
20% = Midterm Exam (1-6)
40% = evaluation of your work in Sections [supplied by the Section’s Instructor] (1-13)
As a general rule, evaluation of your work in Sections will take into consideration the results of short quizzes administered on a regular or random basis, quality and timeliness of your submitting homework assignments/presentations, as well as your active participation in class discussions. Precise rules of participation and evaluation are at the discretion of the Section’s Instructor and will be given to you in the respective Section.
Both Midterm and Final will be in a multiple choice form [written], but a large proportion of the questions will feature numerical problems to be solved, as well as manipulation and assessment of graphs.
Generally accepted rules of academic honesty will be strictly applied to all elements of your class participation, including any work submitted and both exams. If in doubt about these rules, consult the Section Instructor and/or the Lecturer. In addition, when in class, students are not supposed to open their notebooks, netbooks, PDAs and the like, unless explicitly authorized by the Lecturer/Instructor.
BRIEF DESCRIPTION
The aim of this course is to provide students with knowledge of introductory macroeconomics. In particular: make them familiar with basic macroeconomic categories, stylized facts, transmission mechanisms and models; provide them with a goodgrasp of standard methods used by macroeconomists at this level, and indicate where and how to find, evaluate and use relevant data sources, including those available on the net.
CONTENT
1. Subject of macro-analysis and stylized macroeconomic facts
2. Measurement of economic activity and its outcomes – circular flow of goods and services and social accounting
3.Introduction into long run macro-analysis
5. Labor and labor market. Employment and unemployment. 6. Money and Banking
7.Short run macro: simple Keynesian Model. Sectoral functions. Multiplier analysis.
8. Extension: Various specifications of the consumption function.
9.Rudimentary IS-LM model (closed economy, graphical exposition)
10. Fiscal and monetary policy analyzed within the Keynesian/ISLM framework 11. From ISLM to AD-AS analysis
12. Summary: Keynesian vs.neoclassical perspective.
13. The role of governmentreconsidered: private vs. public choice, institutions and economic policies in SR and LR
14. Extension: current economic ‘crisis’ LEARNING OUTCOMES
On completion of this module a student should be able to: 1. Define and measure main macroeconomic categories
2. Identify main sectors of an economy and flows between them 3. Measure the economic flows [national/social accounting]
4. Explain what an economic model is and how to build and handle one. 5. Understand the basics of comparative statics analysis and use simple
maths for multiplier analysis
6. Distinguish between short and long run analyses and models 7. Analyze the determinants of output in the long run.
8. Understand the basic features of a labor market and understand the measures of un/employment
9. Explain basic categories in the area of money and banking, both historically and at present
10. Analyze the basics of short run fluctuations: understand and be able to use static/deterministic versions of the simple Keynesian [algebra and graphic exposition] and the IS-LM model [mostly graphical exposition and analysis] – both in a closed economy version)
11. Describe and know how to measure the effects of basic types of macroeconomic policies in the short run
12. Relate the ISLM analysis to the AD-AS framework
13. Find, retrieve and process reliable, high quality primary macroeconomic data from the internet sources
TEXTBOOK
Required Readings: The first best choice is:
McDowell,Thom, Frank, and Bernanke; Principles of Economics;
McGraw-Hill.
This is a European version of an American textbook written by Frank and Bernanke alone. Ideally, you should use the full, newest version, i.e.: Principles of Economics with Bind-in Connect Access Card, Moore McDowell, Rodney Thom, Robert Frank,Ben Bernanke, 2nd Edition published in March 2009,
ISBN: 9780077121693; see: http://www.mcgraw-hill.co.uk/html/0077121694.html . Nevertheless, any version is acceptable. We will only use the macro part of the book (Parts 5–7), but so far there is no separate Principles of Macroeconomics published, as far as the European version is concerned. There is one in American version. A full list of various versions/editions may be found here: http://www.mcgraw-hill.co.uk/cgi-bin/same_author.pl?author=Ben+Bernanke. A list of official Polish resellers of the book may be found at the McGraw-Hill Polish
representative website: http://www.marek-lewinson.com/997/poland.php . As always, you may also try finding the best source athttp://www.bookfinder.com/textbooks/ .
An alternative to the above (second best):
N. GregoryMankiw, Principles of Macroeconomics, South-Western College Pub; 5th edition (2008)
[earlier editions acceptable] Supplemented by:
RobertHall, John Taylor, Macroeconomics: Economic Growth, Fluctuations, and Policy,
W.W. Norton and Co., New York and London
– editions from 3 up acceptable [only specific fragments (mostly) of Part I, i.e. Fundamentals of Macroeconomics will be assigned; attention: 5/e has three authors:Robert E. Hall, John B. Taylor, David Papell, while starting with edition 6 (2004) again two: Robert E. Hall&David Papell.
Note 1: First, be careful not to confuse Mankiw’sPrinciples of
Macroeconomicspublished by South-Western/Thomson:
http://www.thomsonedu.com/economics/mankiw/index.htmlwith hisintermediate
macrotext entitledMacroeconomicspublished by Worth:
http://www.worthpublishers.com/mankiw/ . You need the Principles of Macroeconomics at this moment. As in the Frank & Bernanke case, also here there is a European [2006] version by N.GregoryMankiw and Mark P.Taylor: ISBN: 1844801330.
Note 2: As far as Hall & Taylor is concerned, we will use it only for the Keynesian and ISLM models (two chapters: 6 & 7 in the 5/e) and possibly for consumption function extensions (chapter 10 in 5/e).
Other alternatives (third best):
If you don’t have access to any of any of the above, you may go for further substitutes: these would be any standard mainstream first year macroeconomics textbooks from renowned publishers, e.g.:
• Gwartney, Stroup, MacPherson, Sobel, Macroeconomics. Public and Private Choice, South-Western College Publishers [preferably the newest 12/e of 2009: ISBN-10:0324580193, ISBN-13:9780324580198, but any post-2000 edition would do; you may also use macro parts of their Economics. Public and Private Choice version], or
• Begg, Fischer, Dornbusch, Economics [preferably the newest 9/e of Feb. 2008; ISBN: 9780077117870; you will only need the macro parts of it], or
•
John B. Taylor and AkilaWeerapana, Principles of Economics: GlobalFinancial Crisis Edition, 6th Edition (2010) – Parts V & VI (macroeconomics); ISBN-10: 1439078203 ISBN-13: 9781439078204
If in doubt, consult the Lecturer. ADDITIONAL READING