Foundations of Finance and Economics

This course provides a comprehensive introduction to the core principles of finance and economics, essential for understanding financial analysis, decision-making, and strategic planning. It covers fundamental financial concepts, including financial statements, time value of money, financial ratios, and investment strategies. Additionally, the course explores economic principles such as supply and demand, market structures, and economic indicators. Through interactive activities, simulations, and case studies, students will gain practical experience in applying these concepts to real-world scenarios.

Learning Outcomes:

1. Understand and Analyze Financial Statements: Gain proficiency in identifying and interpreting key components of balance sheets, income statements, and cash flow statements to evaluate financial health.
   
2. Apply Time Value of Money Concepts: Master calculations of present value, future value, and annuities, and apply these concepts to investment and financing decisions.
   
3. Utilize Financial Ratios and Forecasting Techniques: Develop skills in performing financial ratio analysis, creating financial forecasts, and applying valuation methods to assess financial performance.
   
4. Manage Investments and Risks: Learn the principles of investment analysis, portfolio management, and risk management to build and oversee effective investment portfolios.
   
5. Understand Microeconomic and Macroeconomic Principles: Explore the fundamentals of supply and demand, market structures, economic indicators, and policy impacts to analyze economic conditions and their implications.
   
6. Develop Strategic Financial Plans: Create comprehensive financial plans aligned with economic conditions, incorporating risk management and contingency planning strategies.
   
7. Analyze Real-World Case Studies: Apply financial and economic concepts to real-world case studies, enhancing decision-making and problem-solving skills.
   
8. Integrate Finance and Economics: Synthesize knowledge from both finance and economics to address complex financial and economic scenarios in strategic planning and decision-making.