Course aims:

The objective of this discipline is to know and understand the fundamental concepts in the field of european business environment, and the mechanisms and methods according to which the resource economic circuit is formed and alloted at microeconomic level.
Knowledge, understanding of the basic concepts, theories and methods of the field and area of specialization; their proper use in professional communication
Appropriate use of standard evaluation criteria and methods to assess the quality, merits and limitations of processes, programs, projects, concepts, methods and theories
Development of professional projects using principles and methods established in the field
Applying the principles, norms and values of professional ethics within its own rigorous, efficient and responsible work strategy

Course Entry Requirements:

-

Course contents:

1. European Investments (Concept of Investment and Influence Factors, Population Savings, Investment Costs) 2. Investments and Convergent Growth (Economic Growth, Investments, Costs Economic Growth) 3. Evolution of the Business Environment (Evolution of the Main Economic Indicators of Business Environment, Economic Growth Rate) 4. Investors (Financing Sources, Categories of Investors, Investors’ Interests) 5. Motivations for Investors (Economic Impact of Investments, Theories regarding the Investment Process, International Companies Impact upon National Economies) 6. Investitional Impulses (Structural Convergence, Savings, Savings and Investments, Analyze of the Investment Projects, Fluctuation of the Economic Activity).

Teaching methods:

Lecture, Discussions.

Learning outcomes:

This discipline offers the ability to: understand the economic processes and phenomena; form and develop an adequate economic language; conscious use of economic categories; development of an economic mode of thinking; understand the functioning modes in economics.

Learning outcomes verification and assessment criteria:

Written test examination – 80%, Verification during the semester – 20%.

Recommended reading:

Gavrila-Paven I., European Economy - Course, 1 Decembrie 1918 University of Alba Iulia, Alba Iulia, 2019, -.
Laudon, Kenneth C.; Laudon, Jane Price, Economics, Oxford University Press, Oxford, 2007, -.
Norkett, Paul, Compendium of the European Union, Essex: Tekron, Essex, 2007, -.
Gavrila-Paven I., Business Communication and Public Relations - Course, 1 Decembrie 1918 University of Alba Iulia, Alba Iulia, 2019, -.
Gavrila-Paven I., European Business Environment, 1 Decembrie 1918 University of Alba Iulia, Alba Iulia, 2019, -.