By: LoC Business Economics of BLEMBA 31 A:

Bayu Aji Prasetyo

Dian Angelina
Daniel hamid
Helena Oktaviana

BUSINESS ECONOMICS – MM 5006

Contribution News

As a non-economic background, it might be difficult to adjust to the business world after graduated
from the bachelor's degree. But in the end, as SBM MBA students, the future leader, we 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 the Business
Economics class.

We started with Microeconomics which focuses on a firm, we revolve so much around supply and
demand topics. 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 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 domestic corporate bonds while developing countries cannot progress because
the control of the currency is held by the Fed, which controls 30% of the world economy. Other
interesting issues 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.

These are all phenomena that make studying business economics so exciting 😊.