Course Code
ECON 5015
Academic Year
2016-2017
This course introduces students to microeconomics and macroeconomics as managerial tools for business analysis, forecasting and planning. Microeconomics focuses on consumer demand, 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 will be examined and how it impacts economic performance of a country or region.