ECO1106 MANAGERIAL ECONOMICS 1

ECO1106 MANAGERIAL ECONOMICS 1

Course start date: 16 Aug 2019
The course assumes previous knowledge of economics. It aims to provide an overview of the main principles, theories and techniques of economics and their relevance to the management of enterprises in market economies. The subject includes a review of the fundamentals of business economics: how markets work in all economic systems, the role of governments in regulating and managing the economy, the economics of government/business/consumer relations, the economics of firms and industries, enterprise economics and economic techniques to assist management decision making, including the basics of cost-benefit analysis.