Application for Micro and MacRo Economics for Management
This course emphasizes the application of micro and macro economic theories, including those of imperfect competition, to the field of business. The impact of macroeconomics on the environment of business is examined. The application of microeconomics to management decision-making is explored. Macro and government economic analytical methods are used to examine the impact of macro economic policy on the business environment. Micro economic methods of analysis are used to analyse the implications of business and public policy. The complementary relationship of micro and macro economic analysis in many practical cases is emphasized. Prerequisite: COMM 5806.