DESCRIPTION | This course will provide Students micro economics including the rule of demand and offer, producer, consumer and structural market. They also will engage with macro economics such as national income, economic growth, inflation and unemployment |
LEARNING OBJECTIVES | After taking this course, Students are expected to be able to analyse business by using basic economy concept both micro and macro |
COMPETENCIES | – Be able to define economics scope- Be able to describe the role of producer and consumer – Be able to enlighten production theory and production cost – Be able to link structural market and competitive strategic – Be able to count level of national income, economic growth, inflation and unemployment – Be able to analyse business by using basic concept of macro and micro economy, and the relationship between them |
SUBJECT | Economic scope, role of producer and consumer, production theory and production cost, structural market and competitive strategic, national income, economic growth, inflation, unemployment, macro and micro economic concept in business |