ECON 5F70 Foundations of Business Economics
This course is designed to help managers make informed decisions with the aid of economic analysis. It applies micro concepts of supply, demand and cost and methods of industry analysis, that assist the manager in making quantitative decisions. Macro concepts involving the banking system, monetary policy and tax policy are addressed as they relate to inflation, unemployment and business fluctuations to allow managers to have a better understanding of the environment in which a firm, its competitors and customers operate.