British Columbia Institute of Technologywww.bcit.ca/study/courses/econ8500

BCIT

ECON 8500 - Managerial Economics

Economics Part-time Studies Course

School of Business

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

$780.81 - $788.33 See individual course offerings below for actual costs.

Fall 2018

Below are two offerings of this course for the Fall 2018 term.

CRN 45165

Tue Sep 04 - Tue Dec 11 15 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 04 - Dec 11 Online
Oct 02 Tue 18:00 - 19:00 Online SW01 Rm. 4076
Oct 23 Tue 18:00 - 21:00 Online SW01 Rm. 4076
Dec 11 Tue 18:00 - 21:00 Online SE06 Rm. 205

Instructor

Charlene Richter

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$780.81

Notes

  1. Internet delivery format.
  2. Departmental approval needed
  3. Internet delivery format. Department approval needed. Course registration is restricted to students registered in the Bachelor of Business Administration program. Students requiring course approval, please call the BBA Program Administrator at 604-432-8609. This course is online, but the midterms and final exam will be held on the Burnaby campus. Please note that OPMT 7701 is a prerequisite.

CRN 42445

Wed Sep 05 - Wed Dec 12 15 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 05 - Dec 12 Wed 18:00 - 21:30 BBY SE12 Rm. 302

Instructor

Iryna Dudnyk

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$788.33

Notes

  1. Departmental approval needed
  2. Course registration is restricted to students registered in the Bachelor of Business Administration program. Students requiring course approval, please call the BBA Program Administrator at 604-432-8609. Please note that OPMT 7701 is a prerequisite.

Four seats remaining as of Aug 20, 2018 11:12 pm PDT. Seats remaining may change at any time prior to registration and payment.

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

  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 2018

Books for Fall 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 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: Myeconlab W Etext For Microeconomics: Theory & App W Calculus, 4Th
Author Perloff
Publisher Ph
Copyright 2016
Binding Digital Version
ISBN 978-0-13415-392-6
Price $95.00
Choose One

Image not available
Microeconomics: Theory & Appl W Calculus, Myeconlab W.Etext-Looseleaf
Author Perloff
Publisher Ph
Copyright 2017
Binding Kit/Set/Package
ISBN 978-0-13447-275-1
Price $129.95
Choose One

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: Myeconlab W Etext For Microeconomics: Theory & App W Calculus, 4Th
Author Perloff
Publisher Ph
Copyright 2016
Binding Digital Version
ISBN 978-0-13415-392-6
Price $95.00
Choose One

Image not available
Microeconomics: Theory & Appl W Calculus, Myeconlab W.Etext-Looseleaf
Author Perloff
Publisher Ph
Copyright 2017
Binding Kit/Set/Package
ISBN 978-0-13447-275-1
Price $129.95
Choose One

Image not available
Microeconomics: Theory & Applications W. Calculus + Myeconlab/Etext
Author Perloff
Publisher Ph
Copyright 2017
Binding Kit/Set/Package
ISBN 978-0-13448-336-8
Price $191.95
Choose One

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