Economic Analysis for Business

Course NameEconomic Analysis for Business
Course CodeBUS601
DescriptionThis course examines the application of economic analysis to business decision-making. The course integrates the elements of macroeconomics and economic policies, applied microeconomics and international economics. Particular emphasis is placed on the role and importance of business conditions in business decisions, the theory of demand, the determination of price through the interaction of supply and demand, market structure and price determination, analysis of costs and supply, and pricing in factors in production.
Learning OutcomesUpon completion of this course, students should be able:
– To develop skills to approach business problems analytically;
– To understand and be able to apply key business concepts and models to address contemporary business issues;
– To gain a set of economic tools and mental models that will be of value to them in a business climate.
SchoolSchool of Business Administration (SBA)
LevelMaster of Business Administration
Number of credits (US / ECTS)3 US / 6 ECTS