British Columbia Institute of Technologywww.bcit.ca/study/courses/econ8550

Important Notice: COVID-19 Institute response

BCIT

ECON 8550 - 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

​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)

Acceptance into the Bachelor of Business Administration Degree program plus ​OPMT7701 Calculus for Management

Credits

4.0

This is a new course and is currently scheduled to be offered for the first time through BCIT Part-time Studies in the Winter 2022 term.

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

ECON 8550 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

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English Language Proficiency

BCIT's Part-time Studies English Language Proficiency Standard is English 12 (or equivalency). Students who do not meet this requirement should upgrade their English skills prior to any future registration.

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Registration News

Registration is currently open for the Fall 2021 term.

The sneak preview for the Winter 2022 term starts Fri, Oct 22 at 8:30 am (PDT).

Students may register for Winter 2022 term courses online or by phone starting Wed, Oct 27 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 www.bcit.ca/rooms 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.

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