Watch the course video: Economics for Business, Youtube

The course starts by outlining fundamental economic concepts and examining the workings of the market system. Different market structures and their impact on organisations are reviewed and the role of government in the economy is examined.

Relevant aspects of the macroeconomy are introduced with a focus on business impact and decision-making. This is followed by an exposition of international economic issues.

Topics include:
  • The Role of Economics in Business
  • The Market Mechanism
  • Demand
  • Supply
  • Market Structure
  • Factor Markets
  • The Role of Government
  • The Macroeconomic Environment
  • Macroeconomic Policy
  • International Trade and Globalisation
  • Research Activity

The course ends with a research activity that will pull all the strands of the course together, and prepare students fully for the assessment.

Read an extended outline of the course syllabus for Economics for Business, which gives you an overview of the course content.