[SOLVED] EXMBM514-24C HAM Economics and the Global ContextR

EXMBM514-24C (HAM)

Economics and the Global Context

What this paper is about

This paper provides an introduction to the tools used to analyse and understand the economic environment in which individuals and businesses operate, and the role of government in shaping that environment. It will provide an introduction to the key characteristics of different types of economic environments from both a business and a policy perspective, the ways in which markets can be analysed, and an introduction to macroeconomic issues that are helpful for business decision-making.

How this paper will be taught

This is a FLEXI paper that will have learning available both face-to-face (on campus) and online, thereby offering flexibility in terms of where and how students learn.

Students should confirm the timing and location of face-to-face and live (synchronous) sessions in Moodle.

What you will study

Topic

Introduction to economics

Demand, supply, and government policies

Elasticity and its applications

Consumers, producers, and the efficiency of markets

Externalities

Economics of decision-making: An introduction to game theory

International trade

Measuring a nation’s income, production, and growth

Measuring the cost of living

Saving, investment, and the financial system

Unemployment

Open-economy macroeconomics