Teaching Responsibility

LJMU Schools involved in Delivery:

LJMU Partner Taught

Learning Methods

Lecture
Seminar

Module Offerings

4503IYBSG-APR-PAR
4503IYBSG-JAN-PAR

Aims

The module aims to provide an introduction to business economics as a foundation for further study. The emphasis will be economic theory and concepts developed from real world business issues. Essentially this module introduces students to economics and applications related to business and provides students with an introduction to modern economic principles and micro and macro economics.

Learning Outcomes

1.
Describe basic economic theory
2.
Demonstrate understanding of the difference between macro and micro economics and their main objectives
3.
Understand how markets operate.
4.
Demonstrate an understanding of the methods used to influence the main economic indicators.

Module Content

Outline Syllabus:- Basic economic theory - Macroeconomics and Policy Objectives - Macroeconomic Schools of Thought - The Economic Problem: Resource allocation in the context of scarcity and choice - Production, cost and efficiency - Market Structure
Module Overview:
The module aims to provide an introduction to business economics as a foundation for further study. The emphasis will be economic theory and concepts developed from real world business issues. Essentially this module introduces students to economics and applications related to business and provides students with an introduction to modern economic principles and micro and macro economics.
Additional Information:Louise Burton - Module Leader.

Assessments

Presentation
Test