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ECON 5020 Economic Principles For Business

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The aim of this ECON5020 Economic Principles for Business course is to introduce students to big economic ideas and tools which will facilitate them understand how the market system operates and the way business selections are created at intervals competitive surroundings. Concepts and tools introduced within the course embrace determination of the market equilibrium, the physical property of demand, economic potency, the role of the state, price of production, and market structure. The course covers economic science problems as well as a commercial enterprise and financial policies. The economic ideas and tools introduced within the course apply to the native, national, and international business surroundings.

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