Program Overview
This microeconomics course introduces students to the fundamentals of economic decision-making in a resource-constrained environment. It covers topics such as supply and demand, market structures, and income distribution. Graduates of the Business Certificate or Business Diploma in Management programs, which include this course, may pursue careers in business, finance, marketing, and management.
Program Outline
Outline:
Course Description:
Your studies will focus on an introduction to microeconomics. You will learn how individuals, businesses, and governments make decisions in a world of scarce resources and unlimited wants. You will study how production and consumption choices are made in a market economy. You will learn to analyze economic fundamentals in supply, demand, costs, response to price changes, and income distribution. Finally, you will gain an understanding of the most common market structures along with their price and output determination in the Canadian economic marketplace
Careers:
This course is part of the Business Certificate and Business Diploma in Management programs. Graduates of these programs may pursue careers in business, finance, marketing, and management.