ECONOMICS IN BUSINESS

ECONOMICS IN BUSINESS

Any business functions within an economic environment, which largely determines the success of
business decisions. An understanding of this environment is fundamental to evaluating market demand,
building successful market entry strategies and positioning your business ahead of competition. As a
manager, you need a foundation in economics to enable you navigate business risks in the economic
business environment. This course facilitates your understanding of economic principles and concepts
by exploring economic fields like macroeconomics, microeconomics, international trade, economic
policy analysis and econometrics. You will be able to make accurate economic forecasts and apply
analysis that will advise your business direction.

 

WHO WILL BENEFIT MOST?

This course will benefit managers, researchers, executives and individuals who have a foundational understanding of economics and require a sound knowledge of economic principles and applications.

 
ECONOMICS IN BUSINESS

Any business functions within an economic environment, which largely determines the success of
business decisions. An understanding of this environment is fundamental to evaluating market demand,
building successful market entry strategies and positioning your business ahead of competition. As a
manager, you need a foundation in economics to enable you navigate business risks in the economic
business environment. This course facilitates your understanding of economic principles and concepts
by exploring economic fields like macroeconomics, microeconomics, international trade, economic
policy analysis and econometrics. You will be able to make accurate economic forecasts and apply
analysis that will advise your business direction.

 

WHO WILL BENEFIT MOST?

This course will benefit managers, researchers, executives and individuals who have a foundational
understanding of economics and require a sound knowledge of economic principles and applications.

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COURSE CONTENT
  • Introduction to Economics
  • The South African Economy
  • Supply and Demand
  • Elasticity and Total Income
  • The South African Labour Market
  • Introduction to Economic Policy Analysis

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