Management Economics

Course Code: ECON 5015

Academic Year: 2020-2021

This course introduces students to microeconomics and macroeconomics as managerial tools for business analysis, forecasting and planning. Microeconomics focuses on consumer demand and supply and the role of businesses and individuals in making choices concerning their use of limited resources to meet competing needs. Macroeconomics explains gross national product, investment and consumption and how government and the central bank use fiscal and monetary policy to control economies to achieve certain basic goals. International trade and how it impacts economic performance of a country or region will be examined.