THE ECONOMICS OF COMPETITON (2 SCU)

Learning Outcomes :

Upon successful completion of this course, students are expected to be able to analyse the impact of micro and macroeconomic policies to business; evaluate the roles of government in serving the community; assess consumers’ and producers’ behaviors; create strategies to overcome resources deterioration; assess opportunities to create economic activities in order to be able to sustain in global competition.

Topics :

This course is designed to explore and discuss human behavior which then leads to reseources allocation and product distribution in the community. The central of the discussion, however, will be on the decision making process in economy that led to social welfare in relation to sustainability. The two important foundations for discussion in this course are micro and macro economics theories. These two subject discuss the behavior of human, and company and market, and the government roles.