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  6. BU5021: Business Economics

BU5021: BUSINESS ECONOMICS (2019-2020)

Last modified: 25 Sep 2019 09:58


Course Overview

This course focuses on the economics of business allowing students to understand the economics that underlie a whole host of business issues. The course will cover the functioning of markets, consumer behaviour, pricing, production and costing problems, monopoly and the business implications of inflation, economic growth and economic policy.

Course Details

Study Type Postgraduate Level 5
Term First Term Credit Points 15 credits (7.5 ECTS credits)
Campus Aberdeen Sustained Study No
Co-ordinators
  • Dr Nikolaos Vlassis

What courses & programmes must have been taken before this course?

  • Any Postgraduate Programme (Studied)
  • One of Master of Business Administration (P/T) (Studied) or Master of Business Administration (Studied) or Master of Business Administration (Human Resource Man't) (Studied) or MSc In International Business And Finance (Studied) or Master of Business Administration in Finance (Studied) or Master of Letters in Art and Business (Studied)

What other courses must be taken with this course?

None.

What courses cannot be taken with this course?

None.

Are there a limited number of places available?

No

Course Description

The aim of this course is to introduce students to the key concepts of macroeconomics relevant to international business. These include analysis of product, money and foreign exchange markets, labour market issues, unemployment, inflation and economic growth. Students will develop the basic quantitative and modelling techniques required by managers, and an appreciation of national and international policy contexts within which to apply these. They will apply numeracy, problem-solving and modelling skills and computing techniques to a variety of common situations in macroeconomics.


Contact Teaching Time

Information on contact teaching time is available from the course guide.

Teaching Breakdown

More Information about Week Numbers


Details, including assessments, may be subject to change until 30 August 2024 for 1st term courses and 20 December 2024 for 2nd term courses.

Summative Assessments

Essay

Assessment Type Summative Weighting 70
Assessment Weeks Feedback Weeks

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Feedback Word Count 1500
Learning Outcomes
Knowledge LevelThinking SkillOutcome
Sorry, we don't have this information available just now. Please check the course guide on MyAberdeen or with the Course Coordinator

Briefing note

Assessment Type Summative Weighting 30
Assessment Weeks Feedback Weeks

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Feedback
Learning Outcomes
Knowledge LevelThinking SkillOutcome
Sorry, we don't have this information available just now. Please check the course guide on MyAberdeen or with the Course Coordinator

Formative Assessment

There are no assessments for this course.

Resit Assessments

Re-submission of failed elements

Assessment Type Summative Weighting
Assessment Weeks Feedback Weeks

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Feedback
Learning Outcomes
Knowledge LevelThinking SkillOutcome
Sorry, we don't have this information available just now. Please check the course guide on MyAberdeen or with the Course Coordinator

Course Learning Outcomes

Knowledge LevelThinking SkillOutcome
Sorry, we don't have this information available just now. Please check the course guide on MyAberdeen or with the Course Coordinator
 

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