Module/Course Description

Course Title: Microeconomics

Course Code: UU-ECO-2000

Programme: Bachelor of Arts (BA) in Business Administration - MW - BL

Credits: 3.00

Course Description:

Objectives of the Course:

· Develop an economic way of thinking
· Introduce graphical analysis
· Introduce the concepts of demand and supply
· Introduce the decision-making process regarding the optimal level of output
· Identify and distinguish among different market structures


Learning Outcomes:

· Apply graphical analysis on economic issues
· Identify how equilibrium price is determined in a free market through the interaction of supply and demand
· Demonstrate the concepts of demand and supply analysis relevant to the business environment
· Analyze market examples and applications to simulate realistic business experience
· Discuss the dynamics of income distribution and resource allocation
· Explain the importance of the regulatory role of the government

Prerequisites: UU-BA-IND100, UU-FNT-103

Return

This site uses cookies and other tracking technologies to assist with navigation and your ability to provide feedback, analyse your use of our products and services, assist with our promotional and marketing efforts, and provide content from third partiesCookie Policy