This subject is designed to enable students to analyse economic environments and to develop an understanding of the value of economic reasoning to evaluate strategic business decisions. It is also intended to provide an opportunity to apply this understanding to develop fundamental economic analysis and evaluation skills to support managerial decision making.
|Faculty||Bond Business School|
1. Identify the main characteristics of different market types, such as perfect competition, monopoly, monopolistic competition and oligopoly.
2. Analyse the nature of competitive behaviour in various markets to assess the implications for business strategy.
3. Explain the key macroeconomic drivers of a business environment and how macroeconomic outcomes relate to government policy.
4. Apply economic concepts and theories to issues facing consumers, firms, governments and other institutions.
This subject is not available as a general elective. To be eligible for enrolment, the subject must be specified in the students’ program structure.
|Withdraw – Financial?||24/02/2020|
|Withdraw – Academic?||12/03/2020|