Business & Economics

study abroad business and economics

Business & Economics are essential to understanding modern world affairs. Students pursuing business & Economics gain a broad perspective on the workings of federal government and global business marketing through lectures by professors and experts in the field and internships and courses in finance, economics, public policy and international affairs. The coursework also focuses on ethics and socially responsible entrepreneurship in an age of globalization.

A business is an organization involved in the provision of goods, services, or both to consumers. Businesses are prevalent in capitalist economies, where most of them are privately owned and provide goods and services to customers in exchange for other goods, services, or money. Businesses may also be social not-for-profit enterprises or state-owned public enterprises targeted for specific social and economic objectives.

  • Accounting
  • Consulting
  • Entrepreneurship
  • Finance
  • leadership development
  • Marketing
  • Real Estate
  • Retail
  • Sales
  • Social entrepreneurs

The field of accounting is a totally different stream which has in itself a huge variations and great scope for aspiring individuals that considers money as a means of measuring economic performance instead of as a factor of production. It encompasses the entire system of monitoring and control of monetary as it flows in and out of an organization as assets and liabilities, and revenues and expenses.

This field is an ideal field for any student who wishes to pursue higher education abroad as overseas education presents them with not only an international platform but also a chance to groom their career in a dynamic way.

This stream is all about providing of expert knowledge to a third party for a fee. Consulting is most often used when a company needs an outside, expert opinion regarding a business decision along with the counselling part when it comes to attracting prospective leads. A company seeking to sell its products abroad may look for a consultant familiar with the business practices of the target country and hence they play an important role in the revenue generation of the company. The consultant will tell the company what best practices should be followed, what to expect from customers, and how to deal with foreign regulations.

This field is an ideal field for any student who wishes to pursue higher education abroad as overseas education presents them with not only an international platform but also a chance to groom their career in a dynamic way.

The capacity and willingness to develop organize and manage a business venture along with any of its risks in order to make a profit.

This field is an ideal field for any student who wishes to pursue higher education abroad as overseas education presents them with not only an international platform but also a chance to groom their career in a dynamic way.

The most obvious example of entrepreneurship is the starting of new businesses. In economics, entrepreneurship combined with land, labour, natural resources and capital can produce profit. Entrepreneurial spirit is characterized by innovation and risk-taking, and is an essential part of a nation's ability to succeed in an ever changing and increasingly competitive global marketplace.

It is a field that deals with the study of investments which includes the dynamics of assets and liabilities over time under conditions of different degrees of uncertainty and risk. Finance can also be defined as the science of money management. A key point in finance is the time value of money, which states that purchasing power of one unit of currency that can vary over time. Finance aims to price assets based on their risk level and their expected rate of return. These activities normally include recruiting and hiring of new employees, orientation and training of current employees, employee benefits, and retention.

Teaching of leadership qualities, including communication, ability to motivate others, and management, to an individual who may or may not use the learned skills in a leadership position.

Management philosophy according to which a firm's goals can be best achieved through identification and satisfaction of the customers' stated and unstated needs and wants.

Land and anything fixed, immovable, or permanently attached to it such as appurtenances, buildings, fences, fixtures, improvements, roads, shrubs and trees (but not growing crops), sewers, structures, utility systems, and walls. Title to real estate normally includes title to air rights, mineral rights, and surface rights which can be bought, leased, sold, or transferred together or separately also called real property or realty.

Retailing is a process of promoting greater sales and customer satisfaction by gaining a better understanding of the consumers of goods and services produced by a company. A typical retail management strategy for a manufacturing business might research the retail process that distributes the finished products created by the business to consumers to determine and satisfy what buyers want and require.

It is the exchange of a commodity for monitory exchange or a service. The seller or the provider of the goods or services completes a sale in response to an acquisition, an appropriation or a request. Essential elements that must be present in a valid sale are:

  1. competence of both the buyer and seller to enter into a contract
  2. mutual agreement on the terms of exchange
  3. a thing capable of being transferred, and
  4. a consideration in money (or its equivalent) paid or promised.

Social entrepreneurs are individuals with innovative solutions to society’s most pressing social problems. They are ambitious and persistent, tackling major social issues and offering new ideas for wide- scale change.

Engineering physics refers to the study of the combined disciplines of natural science and engineering. Engineering Physics is also known as Engineering Science which seeks ways to apply and develop new solutions in engineering.


Economics is the study of the production and consumption of goods and the transfer of wealth to produce and obtain those goods. Economics explains how people interact within markets to get what they want or accomplish certain goals. Since economics is a driving force of human interaction, studying it often reveals why people and governments behave in particular ways. There are two main types of economics macroeconomics and microeconomics.

  • Macroeconomics
  • Microeconomics

It is the study of economics involving a phenomenon that affects an entire economy, including inflation, unemployment, price levels, economic growth, economic decline and the relationship between all of these. While microeconomics looks at how households and businesses make decisions and behave in the marketplace, macroeconomics looks at the big picture - it analyzes the entire economy. Macroeconomics, on the other hand, looks at the big picture (hence "macro"). It focuses on the national economy as a whole and provides a basic knowledge of how things work in the business world.

Microeconomics is how people deal with money, time, and resources. Microeconomics deals with the individual aspect of it while macroeconomics deals with aggregates at the level of an entire economy. Microeconomics deals with the economic interactions of a specific person, an entity or a company. Microeconomics looks at the smaller picture and focuses more on basic theories of supply and demand and how individual businesses decide how much of something to produce and how much to charge for it. People who have any desire to start their own business or who want to learn the rationale behind the pricing of particular products and services would be more interested in this area.

eduhunters overseas studies

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