ECON 104: Economic Analysis for Small Business is designed to engage students with contemporary global and Canadian issues, and with some of the region�s competitive markets. Students will survey contemporary news publications and other data sources, analyzing their contents to identify economic concepts and management implications. Focus will be on identifying the economic impacts on business resulting from the cloud of seemingly chaotic global events.
Prerequisites: Program Admission Standards. Acceptance to PGBM program
Accessibility Services Notice
standard statementCourse Details| Total number of weeks | 15 |
|---|
| Total Credits | |
|---|
| Total Hours | 45 |
|---|
Typical hours per week breakdown| Lecture | 3 |
|---|
Outcomes
Upon successful completion of this course, the learner will be able to:
- explain why scarcity, choice and cost are at the heart of economics and identify their influence in the world around them.
- describe how markets determine relative prices through the forces of demand and supply.
- source & identify appropriate sources of data for decision-making.
- apply the demand/supply model to real-life markets.
- describe the implications of economic data and news on management decision making.
- predict future market developments by applying "economic thinking" as related to management strategies.
Grading Table
Academic and Career
See the Academic Calendar for General Information including how to withdraw from course(s) and other regulations.
Disclaimer
standard statement