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CMBA505 Economics

Basic economic concepts and frameworks, an overview of Macroeconomic principles, and useful tools and techniques to make sense of the business world.

Apply key economic concepts to make sense of the world: especially the business world. It covers theories in macroeconomy, microeconomy, multi-criteria decision-making, conjoint analysis, economic psychology and game theory.

Paper title Economics
Paper code CMBA505
Subject Business Administration
EFTS 0.125
Points 15 points
Teaching period 3rd Non standard period (13 March 2023 - 23 April 2023) (Distance learning)
Domestic Tuition Fees (NZD) $2,355.75
International Tuition Fees Tuition Fees for international students are elsewhere on this website.

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BMBA 505
Limited to
Only available to students enrolled in the Chinese Language version of the MBA.
Enrolments for this paper require departmental permission. View more information about departmental permission.

Teaching staff



Textbooks are not required for this paper.

Graduate Attributes Emphasised

Global perspective, Interdisciplinary perspective, Lifelong learning, Communication, Critical thinking, Cultural understanding, Ethics, Information literacy, Research, Self-motivation, Teamwork.
View more information about Otago's graduate attributes.

Learning Outcomes

This course is designed to help the student 'think like an economist' - by applying economics concepts to make sense of the world: especially the business world, but hopefully also 'the world' in general. As well as an overview of the Macro economy (the environment that businesses and governments operate in), students will learn to apply useful tools and techniques from Multi-Criteria Decision-Making and Conjoint Analysis, Cost-Benefit Analysis, and Game Theory.

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3rd Non standard period (13 March 2023 - 23 April 2023)

Teaching method
This paper is taught through Distance Learning
Learning management system