Class Central is learner-supported. When you buy through links on our site, we may earn an affiliate commission.

OpenLearning

MICRO AWARD IN BUSINESS ECONOMICS

via OpenLearning

Overview

The course will be focusing on Business economics involves establishing a clear direction for how economic principles and practices are integrated into business decision-making.

Recognize the economic impact of business actions on various stakeholders, including employees, customers, communities, and the environment.

Syllabus

  • Outline the basic concepts of how the firm and household functions.
  • Apply the model of economic behaviour of households and firms.
  • Interpret the relationship between resources and wants and the resultant inherent economic problems.
  • Outline the difference between microeconomics and macroeconomics and explain the relationship between both.
  • Outline the impact of an open economy and policy issues.
  • Demonstrate the use of macroeconomic formulas in analyzing economic fundamentals of a country e.g. inflation, unemployment, fiscal policies

Taught by

INTERNATIONAL UNIVERSITY COLLEGE OF MANAGEMENT AND SPORTS

Reviews

Start your review of MICRO AWARD IN BUSINESS ECONOMICS

Never Stop Learning.

Get personalized course recommendations, track subjects and courses with reminders, and more.

Someone learning on their laptop while sitting on the floor.