Economics For Business

Economics is concerned with the efficient use of limited resources for the optimal satisfaction of material wants. Economics as a discipline is studied for several fundamental reasons foremost among those is the pursuit of knowledge regarding our social environment and economic behaviour within this environment.

This subject provides students with a solid foundation to the vast array of economic analysis. The Unit starts with an introduction to the method and subject matter of economics and an analysis of the economising problem.

Throughout the subject, special emphasis is placed on exploring current global and ethical issues and analysing real world events such as the Global Financial Crisis (GFC) and the Covid-19 pandemic.