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Colleges

Business economy

Course Description: This course covers the concept of business economics and aims to introduce effective economic concepts and analytical methods that enable students to understand and utilize economic tools in various business fields. This course also provides students with the necessary tools to apply economic principles in decision-making and to understand the broader economic environment in which business decisions are made.
Credit hours: 3
Objectives of the course :

1/ Definition of Basic Concepts in Business Economics

 

2/ Explanation of consumer economic behavior and analysis of firm behavior in different market structures. (Understanding and Analysis)

Distinguishing between different production methods and maximizing profit. (Understanding and Analysis)

4/ Measuring the impact of different microeconomic policies on business activities. (Evaluation)

5/ Demonstrating the impact of different microeconomic policies on business activities. (Analysis)

Course outputs :

– Differentiates between economic concepts, principles, and theories.
Applies concepts, principles, and theories in different work situations
– Utilizes scientific research skills in the field of business economics
Applies critical thinking and analytical skills in business economics fields
– Distinguish between ethical issues in business economics.

Additional information:

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