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

Important Notice: COVID-19 Institute response

BCIT

ECON 8500 - Managerial Economics

Economics Part-time Studies Course

School of Business + Media

BCIT is planning for a substantial return to on-campus activity for the fall 2021 term as informed by BC Public Health Officer guidelines. Refer to each course listing for details.

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

$803.20 - $840.03 See individual course offerings below for actual costs.

Fall 2021

Below are two offerings of this course for the Fall 2021 term.

CRN 42445

Wed Sep 01 - Wed Dec 08 15 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 01 - Dec 08 Wed 18:00 - 21:30 BBY

Instructor

TBD

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$840.03

Notes

  1. Departmental approval needed
  2. Course registration is restricted to students registered in the Bachelor of Business Administration program. Please note that OPMT 7701 is a prerequisite. For registration approval, please email bba@bcit.ca with your name and student ID. This course runs Wednesday evenings at the Burnaby Campus.

This course offering has been cancelled. Please check this page for other currently available offerings or subscribe to receive email updates.

Cancelled

CRN 45165

Tue Sep 07 - Tue Dec 14 15 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 07 - Dec 14 Online
Oct 05 Tue 18:00 - 21:00 Online SE06 Rm. 109
Oct 26 Tue 18:00 - 21:00 Online SW01 Rm. 2045
Dec 14 Tue 18:00 - 21:00 Online SE06 Rm. 207

Instructor

Charlene Richter

Course Outline

Cost

$803.20

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 is an asynchronous course with no set face-to-face time with the instructor during the week. This is an online course, but the exams will be held at the Burnaby campus on October 5, 21, and December 14.

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

In Progress and Full

Winter 2022

Below are two offerings of this course for the Winter 2022 term.

CRN 83091

Wed Jan 05 - Wed Apr 13 15 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 05 - Apr 13 Wed 18:00 - 21:30 BBY SE06 Rm. 209

Instructor

Iryna Dudnyk

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$840.03

Notes

  1. Departmental approval needed
  2. Enrollment is restricted to students accepted into the Bachelor of Business Administration Degree Program. For registration approval, please email bba@bcit.ca with your name and student ID. Please note that OPMT7701 is a pre-requisite. This course runs in-person on Wednesdays at the Burnaby campus.

CRN 89536

Tue Jan 04 - Tue Apr 12 15 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 04 - Apr 12 Online
Feb 01 Tue 18:00 - 21:00 BBY SE12 Rm. 302
Feb 22 Tue 18:00 - 21:00 BBY SE12 Rm. 302
Apr 12 Tue 18:00 - 21:00 BBY SE12 Rm. 302

Instructor

Charlene Richter

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$840.03

Notes

  1. Departmental approval needed
  2. This course is restricted to students enrolled in the part-time BBA, and OPMT7701 is a pre-requisite. For registration approval, please email bba@bcit.ca with your name and ID. This is an online asynchronous course with no weekly face-to-face with the instructor. The exams will be held in-person at the Burnaby campus on February 1, 22, and April 12.

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

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