The Economics of Competiton

Learning Outcomes

Upon successful completion of this course, students are expected to be able to analyse the impact of micro and macro economic 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 from the economic point of view, the behavior of which then leads to way of allocating resources and the products to the community. With an understanding of economic concepts and their implementation in the business environment, students will improve their ability to solve business problems under many economic conditions in private and public sectors, as well as on the local and global scales.