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Course details

Examines the use of economics, decision theory and business problems. Uses case studies to accounting/finance tools by managers facing various problems. The course will consider how the internal and external operating environment impacts a manager's resource allocation decisions.

Prerequisite(s)

Credits

5.0

Cost

$858.08

Course offerings

Winter 2023

Below are two offerings of ECON 8500 for the Winter 2023 term.

CRN 83091

Duration

Wed Jan 04 - Wed Apr 12 (15 weeks)

  • 15 weeks
  • CRN 83091
  • $858.08
Class meeting times
Dates Days Times Locations
Jan 04 - Apr 12 Wed 18:00 - 21:30 Burnaby SE06 Rm. 209
Instructor

Iryna Dudnyk

Course outline

View

Credits

5

Cost

$858.08

Important information
  1. Departmental approval needed
  2. Enrollment is restricted to students accepted into the part-time BBA Degree Program. For registration approval, please email bba@bcit.ca with your name and student ID. This course runs in-person on Wednesdays at the Burnaby campus.
Status

In Progress

This course offering is in progress. Please check back next term or subscribe to receive email updates.

CRN 89536

Duration

Wed Jan 04 - Tue Apr 11 (15 weeks)

  • 15 weeks
  • CRN 89536
  • $858.08
Class meeting times
Dates Days Times Locations
Jan 04 - Apr 11 N/A N/A Online
Jan 31 Tue 18:00 - 21:00 Burnaby SE12 Rm. 302
Feb 21 Tue 18:00 - 21:00 Burnaby SW01 Rm. 2005
Apr 11 Tue 18:00 - 21:00 Burnaby SW01 Rm. 2030
Instructor

Charlene Richter

Course outline

View

Credits

5

Cost

$858.08

Important information
  1. Departmental approval needed
  2. This course is restricted to students enrolled in the part-time BBA Degree Program. For registration approval, please email bba@bcit.ca with your name and ID. This online course follows a weekly schedule with posted due dates for assignments and exams. However, lecture content is asynchronous with no weekly face-to-face meetings with the instructor. The exams will be held in-person at the Burnaby campus on January 31, February 21, and April 11.
Status

In Progress

This course offering is in progress. Please check back next term or subscribe to receive email updates.

Learning Outcomes

Upon successful completion of this course the student will be able to:

  • Explain the interrelationships between various economic concepts, such as profit maximization, elasticity, consumer preferences.
  • Explain how the demand and supply sides of the market interact to determine price and quantity exchanged.
  • Explain a consumer's and firm's decision-making processes.
  • Classify various Canadian industries according to market structure.
  • Assess how market structure determines firm behaviour.
  • Use algebra and calculus to solve standard economic models.
  • Use the results from economics models to facilitate production and marketing decisions in business.
  • Assess how firms have been successful in dealing with major Canadian industrial issues.
  • Analyse current economic issues in a team setting.
  • Evaluate the impact of different microeconomic events on various Canadian industries.
  • Use economic models to illustrate the effects of political and economic events.

Effective as of Fall 2015

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