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BCIT

ECON 8500 - Managerial Economics

Economics Part-time Studies Course

School of Business + Media

To support you and your education, BCIT is adapting applied learning in formats appropriate to the unfolding global situation. Spring and Summer PTS classes are being delivered in an online format unless you are notified otherwise.

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)

Acceptance into the Bachelor of Business Administration program plus OPMT 7701.

Credits

5.0

Cost

$812.29

Fall 2020

Below are two offerings of this course for the Fall 2020 term.

CRN 45165

Tue Sep 08 - Tue Dec 15 15 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 08 - Dec 15 Online Online Delivery
Oct 06 Tue 18:00 - 21:00 Online Online Delivery
Oct 27 Tue 18:00 - 21:00 Online Online Delivery
Dec 15 Tue 18:00 - 21:00 Distance Online Delivery

Instructor

Charlene Richter

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$812.29

Notes

  1. Internet delivery format.
  2. Departmental approval needed
  3. Enrollment restricted to students accepted into the Bachelor of Business Administration Degree Program. For approval, please email your name and student ID to bba@bcit.ca. Please note that OPMT7701 is a pre-requisite. This course is online, and the midterms and final will also be held online at the times listed above.

CRN 47103

Tue Sep 08 - Sat Dec 19 15 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 08 - Dec 19 Online Online Delivery

Instructor

Kevin Wainwright

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$812.29

Notes

  1. Departmental approval needed
  2. Enrollment restricted to students accepted into the Bachelor of Business Administration Degree Program. For approval, please email your name and student ID to bba@bcit.ca. Please note that OPMT7701 is a pre-requisite. This course is online, and the exams will also be held online.

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

Full

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

Related Programs

ECON 8500 is offered as a part of the following programs:

School of Business + Media

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

Books & Supplies

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

Fall 2020

Books for Fall 2020 offerings of this course are available in the following BCIT online bookstores. Please choose the bookstore appropriate for the offering you are considering.

BCIT Distance & Online Learning Bookstore

If you are taking this course through either Distance Education or Online Learning, please purchase books for this course at the BCIT Distance & Online Learning Bookstore.

Image not available
Cei Digital: Mylab Econ W Etext For Microeconomics: Theory & Appl W Cal, 5Th Ed
Author Perloff
Publisher Ph
Copyright 2019
Binding Digital Version
ISBN 978-0-13489-965-7
Price $100.50
Required

BCIT Burnaby Bookstore

If you are taking this course, but are not taking it through either Distance Education or Online Learning, nor at the BCIT Downtown Campus (DTC), please purchase books for this course at the BCIT Burnaby Bookstore.

Image not available
Cei Digital: Mylab Econ W Etext For Microeconomics: Theory & Appl W Cal, 5Th Ed
Author Perloff
Publisher Ph
Copyright 2019
Binding Digital Version
ISBN 978-0-13489-965-7
Price $100.50
Required

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Contact Information

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Programs and courses are subject to change without notice.

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