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BU5021: BUSINESS ECONOMICS (2018-2019)

Last modified: 22 May 2019 17:07

Course Overview

This course focuses on the economics of business allowing students to understand the economics that underlie a whole host of business issues. The course will cover the functioning of markets, consumer behaviour, pricing, production and costing problems, monopoly and the business implications of inflation, economic growth and economic policy.

Course Details

Study Type Postgraduate Level 5
Session First Sub Session Credit Points 15 credits (7.5 ECTS credits)
Campus None. Sustained Study No
  • Dr Nikolaos Vlassis

What courses & programmes must have been taken before this course?

  • Any Postgraduate Programme (Studied)
  • One of Master of Business Administration (P/T) (Studied) or Master of Business Administration (Studied) or Master of Business Administration (Human Resource Man't) (Studied) or MSc In International Business And Finance (Studied) or Master of Letters in Art and Business (Studied)

What other courses must be taken with this course?


What courses cannot be taken with this course?


Are there a limited number of places available?


Course Description

The aim of this course is to introduce students to the key concepts of macroeconomics relevant to international business. These include analysis of product, money and foreign exchange markets, labour market issues, unemployment, inflation and economic growth. Students will develop the basic quantitative and modelling techniques required by managers, and an appreciation of national and international policy contexts within which to apply these. They will apply numeracy, problem-solving and modelling skills and computing techniques to a variety of common situations in macroeconomics.

In light of Covid-19 this information is indicative and may be subject to change.

Contact Teaching Time

Information on contact teaching time is available from the course guide.

Teaching Breakdown

  • 5 Lectures during University week18
  • 2 Seminars during University weeks 17, 19

More Information about Week Numbers

In light of Covid-19 and the move to blended learning delivery the assessment information advertised for second half-session courses may be subject to change. All updates for second-half session courses will be actioned in advance of the second half-session teaching starting. Please check back regularly for updates.

Summative Assessments

1st attempt:

2 sides A4, individual breifing note - 3 topics to pick from (30%)

1500 word, indicicual essay- 3 topics to pick form (70%)

Resit: 100% resubmission of respective elements within 6 weeks.

Formative Assessment

There are no assessments for this course.



Course Learning Outcomes


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