Overview
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.
About this paper
| Paper title | Business Economics |
|---|---|
| Subject | Business Administration |
| EFTS | 0.125 |
| Points | 15 points |
| Teaching period(s) | 1st Non standard period (21 April 2025 - 1 June 2025)
(On campus)
4th Non standard period (9 June 2025 - 20 July 2025) (Distance learning) 7th Non standard period (3 November 2025 - 14 December 2025) (Distance learning) |
| Domestic Tuition Fees ( NZD ) | $2,567.00 |
| International Tuition Fees | Tuition Fees for international students are elsewhere on this website. |
- Restriction
- CMBA 505
- Limited to
- PGDipBusAdmin, MBA, PGDipHealMgt, MHealSc, PGCertEM, PGDipEM, PGDipFBLM, MFBLM
- Eligibility
- Enrolments for this paper require departmental permission. View more information about departmental permission.
- Contact
- More information link
For information on the parallel paper available for the Chinese Language version of the MBA, please see CMBA505
- Teaching staff
Convenor: mba.manager@otago.ac.nz
- Teaching Arrangements
The Distance Learning offering of this paper is taught remotely.
- Textbooks
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.