The benefits of a Masters extend beyond improving your earning potential. They can provide you with personal and professional skills to accelerate your development. They are also an opportunity to differentiate yourself from your peers, many of whom will have similar A-level and undergraduate qualifications.
Those who study economics first and foremost learn the differences between microeconomics and macroeconomics. Microeconomics involves the behavior of individual markets, such as households and firms, and their interactions. Macroeconomics, on the other hand, involves looking at the entire economy as a whole.
Germany, officially the Federal Republic of Germany, is a federal parliamentary republic in western-central Europe. The country consists of 16 states, and its capital and largest city is Berlin.
Baden-Württemberg is a state in Germany that has over 10 million people. It is divided into 35 districts and has 9 independent cities. The state boasts of having some of the most renowned and oldest Universities that have a prestigious status in Germany.
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Decision-makers and entrepreneurs are being confronted more than ever before with demands that can no longer be met by the functional range of classic business management alone. Conventional management training has reached its limits, as argued by the renowned Canadian management theorist Henry Mintzberg and the Stanford economist Jeffrey Pfeffer, and ironically lamented by "The Economist" in its 2010 yearbook: "The decline of the MBA will cut off the supply of bullshit at source." p. 122. [+]