ECF 2380 Business Economics

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The ECF 2380 Business Economics module intends to give the students knowledge of the quantitative methods of microeconomics and their poultice to the decision-making of the individuals and the businesses. Learners will understand to retain the economic notions in civil and environmental sustainability. Economics is an analysis of the resource issuance given scarcity. In this module, the scholars will understand how the governments utilize the tax policies to strengthen the sound economic system and impede environmental degradation. Additionally, the module will discuss the problems that most organizations encounter such as how to the business competitiveness. The unit encompasses the factual appraisals where e students are compelled to utilize the economic notions and review a real case study. The students require correlating the economic notions and statistics understanding the case and jot down a business report.

The four fundamental objectives of this course module are as follows:

1. To broadly expand your microeconomic proficiency and aptitudes found in Economics.

2. To acquaint you into the territories of managerial economics in which it provides the students in their business profession.

3. To improve with the microeconomics understanding to stride to the refined economics modules encompassing the  Business and Corporate Strategy III, International Economics and Finance III; Economics of Consulting, and to correlate the attained understanding in the 3rd year workplace integrating learning.

4. To contribute logical and numerical abilities so that scholars can pertain them in their real-life work ordeal as an economist or a business specialist.

After the successful completion of the program, students will be able to:

• Pertain the microeconomic theories to the business and personal decision making;
• Evaluate the sophisticated real-life economics situations and elicit arguments
• Compose advice and explanations to the problems.

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