Principles of Management and Economics

Course Code: SNRG 251

Academic Year: 2024-2025

Today's managers must perform the functions of planning, organizing, leading and controlling and must do so within the context and constraints of environmental and social pressures and demands. This course examines the role of the manager and the skills and techniques needed to effectively and efficiently manage the resources of people, money, materials and time to achieve organizational objectives. Throughout this course, students are required to demonstrate understanding of the key principles and functions of management and to apply these skills in contemporary business situations. Additionally, students study the basics of micro and macroeconomic principles that provide the foundation for economic analysis, energy management, sustainable building and renewable energy projects.