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.