Business economics course outcomes

  • What are the benefits of studying business economics?

    Business economics uses economic theories to help entrepreneurs make better business decisions.
    It helps analyze businesses' financial, economic, and market-related challenges.
    Its goal is to improve strategies, make future predictions, form business policies, and increase profitability..

  • What are the learning outcomes in economics?

    Develop the ability to explain core economic terms, concepts, and theories.
    Explain the function of the market and prices as allocative mechanisms.
    Apply the concept of equilibrium to both microeconomics and macroeconomics.
    Identify key macroeconomic indicators and measures of economic change, growth, and development..

  • What are the learning outcomes of economics course?

    Develop the ability to explain core economic terms, concepts, and theories.
    Explain the function of the market and prices as allocative mechanisms.
    Apply the concept of equilibrium to both microeconomics and macroeconomics.
    Identify key macroeconomic indicators and measures of economic change, growth, and development..

  • What are the outcomes of economics?

    Business economics uses economic theories to help entrepreneurs make better business decisions.
    It helps analyze businesses' financial, economic, and market-related challenges.
    Its goal is to improve strategies, make future predictions, form business policies, and increase profitability..

  • What is the objective of business economics course?

    Identify key relationships between important variables.
    Understand the differences between correlation and cause-and-effect.
    Apply algebraic, graphical, and statistical tools to analyses of problems and issues in business and public policy.
    Identify the relationship between assumption and interpretation..

  • Course Learning Outcomes
    Interpret regression analysis and discuss why it's employed in decision-making.
    Discuss optimization and utility including consumer behavior.
    Assess the relationships between short-run and long-run costs.
    Analyze perfectly competitive markets including substitution.
  • It helps analyze businesses' financial, economic, and market-related challenges.
    Its goal is to improve strategies, make future predictions, form business policies, and increase profitability.
Apply effective written and oral communication skills to business situations. Analyze the global business environment. Analyze the local business environment.
Learning OutcomesApply the concept of opportunity costEmploy marginal analysis for decision makingAnalyze operations of markets under varying 

What are the learning goals for the business economics major?

The following is the current Learning Goal for the Business Economics Major along with the goals for the Undergraduate Business Core

Apply the standard analytical tools of applied economic analysis to business situations

Below are the specific learning outcomes assessed to help determine if students meet the above outcome

What is a course outcome?

Course Outcome Apply the fundamental knowledge and exposure to concepts theories and practices in the field of Management

Understand the work techniques of Organizations to ensure success and timely completion of tasks

Understand the importance of motivation in building a strong and competitive Business Organization

What is the outcome of microeconomics I?

Course title: Microeconomics I Course code: DE 101 Credits: 6 Outcome: The outcome of the paper is to understand the economic behaviour of individuals, firms and markets


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