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Managerial Economics ECON 8550

Economics Part-time Studies Course

Course details

​This course 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

4.0

Not offered this term
This course is not offered this term through BCIT Part-time Studies. 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 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.
  • Analyze 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 Winter 2022

Related Programs

Managerial Economics (ECON 8550) is offered as a part of the following programs:

School of Business + Media

  1. Bachelor of Business Administration
    Bachelor of Business Administration Full-time/Part-time

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