Course overview
Enterprises, public-sector organisations and not-for-profits operate in a highly dynamic and often very competitive economic environment, within which they must pursue their organisational goals, constrained by limited financial and other resources. A deep and extensive understanding of this environment is essential for effective managerial decision-making. Valuable topics for managers in this course include scarcity and opportunity costs; money and finance; the macroeconomic environment; behavioural economics; competition and pricing; strategic decisions; market failure; innovation; globalisation; and the growing significance of ecological sustainability and climate change policy for business.
Course learning outcomes
- Evaluate how enterprises, public-sector organisations and not-for-profits manage a highly dynamic and competitive economic environment.
- Investigate how managers pursue organisational goals, constrained by limited financial and other resources
- Critically apply key economic theories and concepts to the management of an organisation
- Evaluate how key economic data can be applied to achieve organisational objectives
- Measure how the global economic environment influences organisational innovation and strategic managerial decision-making
- Interpret how environmental, social, and other key non-economic indicators can generate organisational innovation and performance.
Availability
Class details
Online
Class number 12011
Section 01OL
Size 500
Available 493
Class details
Online
Class number 64010
Section 01OL
Size 500
Available 496
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