Course Brief

This unit aims to give learners a sound understanding of:

  • the finite nature of economic resources
  • market equilibrium, supply and demand analysis, price determination
  • elasticity of demand and supply
  • short and long run costs, economies and diseconomies of scale
  • how different market structures affect business
  • how the banking and finance sector affects business

  • This course is offered in 60 hours

Assessment method:

  • Written examination (unless otherwise stated). Written examinations are of three hours’ duration.
  • All learning outcomes will be assessed.