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.