As a non-economic background, we might difficult to adjust into the business world after graduated

from the bachelor degree. But at the end, every worker should be familiar with many finance terms,
such as revenue, profit & loss, etc. That’s why finance/economic related courses at BLEMBA are
among those that excite us the most especially Business Economics class.

We started with Microeconomics that focuses on a firm, we revolve so much around supply and
demand topic. Who would’ve thought that starting this simple term, we could conduct a
comprehensive strategic decision-making process for our firm?

Then we studied Macroeconomics and one of many questions that popped up to us: “Does a
successful country always has a strong currency?”. We found an interesting fact that superpower
countries tend to weaken their currencies to open up more export opportunities. Another
interesting fact about developed countries is that they control the economy through printing money
(by the Fed), then they buy their own domestic corporate bonds, while developing countries cannot
progress because the control of the currency is held by the Fed, where it controls 30% of the world
economy. Other interesting issue about macroeconomics are, from agriculture to industry, from
industry 1.0 to 4.0, as well as how civilization and technology are factors for economic growth and all
of that needs to be monitored and followed. In other words, the natural resources that a country has
is not always a key factor to achieve sustainable economic growth.