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Economics and finance for business

This subject is available under ICMS postgraduate degrees, please click the button below to find a postgraduate course for you.

Subject Code:


Subject Aim:

All businesses operate within a dynamic economic, financial, social and environmental context. To make evidence-based business decisions, it is necessary to understand this complex and competitive business environment and possess professional skills and a toolkit to navigate it.

This subject prepares students to fulfill that goal in the following three ways. First: to apply theory to understand economic, financial and commercial systems and events. Second: to anticipate how the actions of business competitors, changing economic, trade and financial conditions and government policies influence business. Third: to apply insights from cutting-edge economic concepts and frameworks to craft profitable business strategies and contribute to ecological sustainability, ethics and social fairness with business.

Learning Outcomes:

a) Apply advanced microeconomic concepts and frameworks to analyse markets and businesses.

b) Integrate economic and financial and frameworks to formulate evidence-based arguments and strategies that inform business and economic management decisions.

c) Critique the strategies and operations of businesses, including their interactions with other businesses, governments and society, and formulate improvements.

d) Evaluate and communicate ideas about the financial system, international trade, and the issues of ethics and ecological sustainability in business.

e) Apply advanced macroeconomic analytical skills to evaluate economies and their effects on business and investment decisions.

Student Assessment:

Exams will take place in weeks 15 & 16. Please refer to the official Exam Timetable for further information. For detailed instructions see the Moodle site.