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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 Not offered in 2026 (Distance learning)
Domestic Tuition Fees ( NZD ) $2,721.00
International Tuition Fees Tuition Fees for international students are elsewhere on this website.
Restriction
BMBA 505
Limited to
MBA
Notes
Only available to students enrolled in the Chinese Language version of the MBA.
Eligibility
Enrolments for this paper require departmental permission. View more information about departmental permission.
Contact

mba.manager@otago.ac.nz

Teaching staff

Convenor: mba.manager@otago.ac.nz

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.

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 Not offered in 2027 (Distance learning)
Domestic Tuition Fees Tuition Fees for 2027 have not yet been set
International Tuition Fees Tuition Fees for international students are elsewhere on this website.
Restriction
BMBA 505
Limited to
MBA
Notes
Only available to students enrolled in the Chinese Language version of the MBA.
Eligibility
Enrolments for this paper require departmental permission. View more information about departmental permission.
Contact

mba.manager@otago.ac.nz

Teaching staff

Convener: mba.manager@otago.ac.nz

Textbooks

Textbooks are not required for this paper.

Graduate Attributes Emphasised
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 macroeconomy (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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