Administrative Studies (ADMN) - Business Economics

ADMN 1007  Business Economics

Restrictions:

This course is restricted to students in the accounting concentration.

Hours:

Three hours of lecture per week.

Credits:

3

Description:

Today’s managers rely on a multitude of sources to make business decisions. Behavioural, microeconomics and macroeconomics play a role in business decisions and strategy formulation. Whether formulating strategy at the functional, business or corporate level, business professionals must have a basic understanding of economics and its impact on business. This course introduces behavioural economics, microeconomics, and macroeconomics as input for making business decisions.



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