Description
Business Economics II builds on and extends the set of microeconomic concepts covered in Business Economics I and introduces key macroeconomic concepts that underpin business decisions. Topics covered may include: Market Failure, Welfare Economics, Auctions, Optimal Tax and Financial Economics.
When faced with a business decision, students should be able to identify the relevant economic factors and be able to identify what economic analysis would be necessary to support that decision. Students should be able to translate an economic story into appropriate equations or numerical examples and apply the tools of economic analysis to provide practical insight into business problems.
Module deliveries for 2024/25 academic year
Last updated
This module description was last updated on 19th August 2024.
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