COURSE DESCRIPTION

This course applies a microeconomic perspective to analyze various economic repercussions of population ageing, and at the same time, it deals with several macroeconomic effects of these changes. After introducing the theme and explaining the concept of the silver economy, topics will cover individual, firm-level and government-level implications of population ageing. Special attention is given to the economic aspects of the long-term care (LTC) system for older adults, focusing on the EU countries. Finally, the course deals with challenges and opportunities of technological progress observed in the context of population ageing.

Detailed course description is available here.

COURSE LECTURER

Associate Professor Josipa Višić, PhD

Lecturer CV and information is available here.

LEARNING OUTCOMES

• Analyze the impact of ageing on changes in consumer behavior regarding current and future spending.

• Detect changes companies face in adjusting the structure of their inputs and outputs to population ageing.

• Identify the economic effects of population ageing observed from a macroeconomic perspective related to the labor market, fiscal implications of retirement and the healthcare system.

• Comment on the micro and macroeconomic aspects of the long-term care system for older adults.

• Critically evaluate government policies that address the economic implications of population ageing, including the healthcare system, housing and labor market.

• Detect challenges and opportunities of population ageing in the context of technological progress, i.e., the fifth industrial revolution.

TARGET AUDIENCE

• Graduate students in economics (or in social sciences, technical sciences or science related fields) who intend to round out their knowledge in the field and use it in the proces of preparing dissertations.
• Holders of undergraduate degrees or students in the last year of ther studies in economics or the social sciences who wish to study the field of behavioural economics.
• Researchers and professionals working in the field.

CREDITS TRANSFERS (ECTS)

This FEBT Summer school program offers participants the possibility of going through evaluation process for the purspose of requesting official credit transfers (ECTS).

• Evaluation process

Participants who wish to acquire 3 ECTS will be evaluated based on the regular and active course attendance and two group assignments as well as two mid-term tests or final written exam.

The goal of the group assignments and mid-term tests is to show the necessary ability to understand economic repercussions of population ageing.

CERTIFICATE OF ATTENDANCE

Participants not interested in credit transfer will instead receive the Certificate of Attendence, stating the course completed. These students will be neither evaluated nor graded.