Business Economics

Course guarantor:

Lecturer:

Tutor:

Supervisor:

Institute of Economic Studies

Synopsis:

Requirements:

Syllabus of lectures:

1. What is Business Economics?

2. Economics & Business Decision Making, The Business Environment

3. Microeconomics - The Market System; Supply & Demand - How Markets Work

4. Elasticity & Its Applications

5. Business Goals & Behaviour

6. Firm Behaviour & the Organization of Industry, The Firm's Production Decisions

7. Labour Markets & Financial Markets

8. The Macroeconomic Environment

9. Aggregate Demand & Aggregate Supply

10. Macroeconomics - Employment & Unemployment, Inflation & Price Stability

11. Macroeconomics - Fiscal, Monetary & Supply-Side Policy

12. Global Business & Economics - The Global Economy

Syllabus of tutorials:

Study Objective:

Study materials:

MANKIW, N. Gregory, Mark P. TAYLOR and Andrew ASHWIN. Business Economics. Andover, Hampshire, UK: Cengage Learning EMEA, 2013. ISBN 978-1-4080-6981-3.

Note:

Further information:

No time-table has been prepared for this course

The course is a part of the following study plans:

• Economics and Management 2019/20 (compulsory course)