- International Fees
International fees are typically 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
Course Overview
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)
- 50% in OPMT 7701
Credits
5.0
- Not offered this term
- This course is not offered this term. Notify me to receive email notifications when the course opens for registration next term.
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
Programs and courses are subject to change without notice.