Economics

Course summary

A key aspect of life and survival requires input from businesses. One of the key pillars of economic theory is that ‘human wants are unlimited’. As a result humans have to ‘do without’ some goods and services. However, the goods and services which are delivered to consumers, in an attempt to satisfy their wants are produced by businesses. This relationship supports the basic idea of a course in economics. Units covered include the role of markets, business objectives, market structures, the labour market, macroeconomic objectives, implementing policy, the global economy and the financial sector.