THIS COURSE IS DESIGNED TO EXPOSE THE STUDENTS ON HOW CHOICES ARE MADE TO ALLOCATE SCARCE RESOURCES WITH COMPETING USES, DEPENDING ON OVERALL, NATIONAL AS WELL AS INTERNATIONAL, ECONOMIC CONDITIONS. IT IS A DISCIPLINE THAT COMBINES MICROECONOMIC THEORIES AND MACROECONOMIC THEORIES WITH MANAGEMENT PRACTICE BY APPLYING THE LATEST TECHNIQUES ON BIG DATA ANALYSIS.
THIS COURSE, THEREFORE, INCORPORATES WIDE-RANGING RELEVANT TOPICS SUCH AS KNOWING THE MARKETS IN WHICH THE BUSINESSES ARE OPERATING IN, PRICE AND NON-PRICE STRATEGIES, PRODUCTION FUNCTION IN THE MICROECONOMIC ENVIRONMENT AND LATER BE COMPLEMENTED WITH SEVERAL ECONOMIC CONDITIONS SUCH AS MONETARY POLICIES, FISCAL POLICIES, AND RELEVANT MACRO POLICIES FOR OPEN ECONOMIES AS WELL AS WIN-WIN BUSINESS OUTCOMES WITH REGARDS TO ENVIRONMENTAL PRESERVATION AND SOCIAL INTEREST.
IT PROVIDES AN ILLUSTRATION OF ECONOMIC THEORY AND CONCEPTS ON HOW ECONOMIC ANALYSIS CAN ASSIST IN THE DECISION-MAKING PROCESS WHICH IS ESSENTIAL FOR BUSINESS LEADERS FOR MANAGING AN ORGANIZATION FOR SUSTAINABILITY AND EQUALITY.
THIS COURSE, THEREFORE, INCORPORATES WIDE-RANGING RELEVANT TOPICS SUCH AS KNOWING THE MARKETS IN WHICH THE BUSINESSES ARE OPERATING IN, PRICE AND NON-PRICE STRATEGIES, PRODUCTION FUNCTION IN THE MICROECONOMIC ENVIRONMENT AND LATER BE COMPLEMENTED WITH SEVERAL ECONOMIC CONDITIONS SUCH AS MONETARY POLICIES, FISCAL POLICIES, AND RELEVANT MACRO POLICIES FOR OPEN ECONOMIES AS WELL AS WIN-WIN BUSINESS OUTCOMES WITH REGARDS TO ENVIRONMENTAL PRESERVATION AND SOCIAL INTEREST.
IT PROVIDES AN ILLUSTRATION OF ECONOMIC THEORY AND CONCEPTS ON HOW ECONOMIC ANALYSIS CAN ASSIST IN THE DECISION-MAKING PROCESS WHICH IS ESSENTIAL FOR BUSINESS LEADERS FOR MANAGING AN ORGANIZATION FOR SUSTAINABILITY AND EQUALITY.
Skill Level: Beginner