British Columbia Institute of


ECON 5000 - Managerial Economics

Economics Part-time Studies Course

School of Business

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.





Spring/Summer 2018

Below are two offerings of this course for the Spring/Summer 2018 term.

CRN 65499

Tue Jun 05 - Tue Jul 24 8 Weeks

Class Meeting Times

Dates Days Times Locations
Jun 05 - Jul 24 Fri 09:30 - 12:30 DTC Rm. 635
Jun 05 - Jul 24 Tue 13:30 - 16:30 DTC Rm. 635


William Shen

Course Outline

TBD – see Learning Outcomes in the interim




  1. Departmental approval needed
  2. This course is reserved for Advanced Diploma students in the Modified Pathway program. Part-time students wishing to take this course may do so if space permits. Please contact Thomas Turniawan at if you wish to inquire about registering. This course is part of the Advanced Diploma in Business Management program, and cannot be used towards the completion of any other programs in the School of Business.

Two seats remaining as of May 23, 2018 3:30 am PDT. Seats remaining may change at any time prior to registration and payment.

CRN 63943

Wed Apr 25 - Wed Jul 11 12 Weeks

Class Meeting Times

Dates Days Times Locations
Apr 25 - Jul 11 Wed 18:00 - 21:45 DTC Rm. 400


Jackie Li

Course Outline




  1. This course is part of the Advanced Diploma in Business Management program, and cannot be used towards the completion of any other programs in the School of Business.

This course offering is in progress. Please check this page for other currently available offerings or subscribe to receive email updates.

In Progress

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

ECON 5000 is offered as a part of the following programs:

School of Business

  1. Business Management
    Full-time/Part-time   Advanced Diploma

Books & Supplies

The BCIT bookstore carries textbooks, general reference books, software, and stationery. Please visit for more information.

Spring/Summer 2018

Books for Spring/Summer 2018 offerings of this course are available in the following BCIT online bookstores. Please choose the bookstore appropriate for the offering you are considering.

BCIT Downtown Campus Bookstore

If you are taking this course at the BCIT Downtown Campus (DTC), please purchase books for this course at the BCIT Downtown Campus Bookstore.

PT 63943

Managerial Economics
Author Luke Froeb, Brian McCann, Michael Ward, Mike Shor
Publisher South-Western College Pub
Copyright 2016
Binding Hardback
ISBN 978-1-30525-933-1
Price $174.95


Image not available
Principles Of Microeconomics W. Mindtap & Aplia 12 Month Access
Author Mankiw
Publisher Nel
Copyright 2017
Binding Kit/Set/Package
ISBN 978-0-17681-849-4
Price $129.95


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Contact Information

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Registration News

Registration is currently open for the Spring/Summer 2018 term.

The sneak preview for the Fall 2018 term starts Fri, May 25 at 8:30 am (PDT).

Students may register for Fall 2018 term courses online, by phone, mail or in-person starting Wed, May 30 at 9:00 am (PDT).

Classroom Locations

Classroom locations are subject to last minute changes. Please check the Part-time Studies Classroom Locations listing at on the first day of any course you are registered for.

Part-time Studies Financial Aid

Will you be studying at BCIT part-time? Do you need assistance funding your studies? Find out if you qualify for Part-time Studies financial aid ›