- International Fees
International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.
Course details
This course focuses on the issues of resource allocation within a business. Students will examine how managers can utilize the tools of economics, accounting/finance, and decision theory to aid in these critical decisions. The course will consider how differences and changes in the internal operating conditions and in the external political-economic environment can affect a manager's resource allocation decisions. Topics include incremental analysis, short- and long-run decision-making and basic financial analysis.
Prerequisite(s)
- No prerequisites are required for this course.
Credits
3.0
Domestic fees
$667.69
Course offerings
Spring/Summer 2024
Below is one offering of ECON 5000 for the Spring/Summer 2024 term.
CRN 63943
Duration
Wed Apr 24 - Wed Jul 10 (12 weeks)
- 12 weeks
- CRN 63943
- Domestic fees $667.69International fees are typically three times the amount of domestic fees.
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Apr 24 - Jul 10 | Wed | 18:00 - 21:45 | Burnaby SE06 Rm. 208 |
Instructor
Jackie Li
Course outline
Domestic fees
$667.69
Important information
- Departmental approval needed
- International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.
-
This course is restricted to students enrolled in the Advanced Diploma in Business Management. For registration approval, please email your name and student ID to advdip@bcit.ca. This is a hybrid course. Lecture content will be provided asynchronously, and labs will be held on Wednesday evenings at the Burnaby campus from 18:00-21:45.
Status
Learning Outcomes
Upon successful completion, the student will be able to:
- Articulate key concepts of managerial economics.
- Use cost analysis to make effective business decisions.
- Discuss and apply models of supply and demand.
- Apply the cost-benefit principle to solve business problems.
- Analyze the impact of internal operating conditions and the external political/economic environment in resource allocation decisions.
- Assess business problems to determine effective application of tools from the fields of economics, accounting/finance, and decision theory.
Effective as of Fall 2014
Related Programs
Managerial Economics (ECON 5000) is offered as a part of the following programs:
- Indicates programs accepting international students.
- Indicates programs with a co-op option.
School of Business + Media
- Business Management - Advanced Diploma
Advanced Diploma Full-time/Part-time
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