Classroom or Online
60 lecture hours
EU & Non-EU Nationals1,500 EuroWhole course will cost you 450 Euro after Tax Credit - Save 1,050 Euro
Business Administration
Award in Business Economics
This course exposes learners to the core principles of economics and how they can be applied within a business context.
Accredited awardMQF / EQF Level 512 ECTS
LevelMQF / EQF Level 5
Credits12 ECTS
Duration60 lecture hours
Study modeClassroom or online
Awarded byeie European Business School
Overview
This course exposes learners to the core principles of economics and how they can be applied within a business context. This course shall therefore allow learners to analyse economics from a managerial perspective and comprehend how economic behaviour influences decision making within organisations.
Also a module inside these programmes
Undergraduate Higher Diploma in Business AdministrationBachelor of Arts in Business Administration
Learning outcomes
- Carry out basic predictions related to market structures
- Produce demand and supply curves
- Monitor changes in the economy which impact directly or indirectly the organisation
- Carry out effective market analysis
- Ensure the implementation of effective economic way of thinking at the workplace
- Deal with issues related to economic activity and adapt according to such changes
- Critically define the role of economics and discuss how it affects and shapes organisational decisions
- Reflect on the influence and role that the government and the state plays in economics
- Reflect on the importance of economics for managers
- Describe and critically analyse demand and supply in business economics
- Have knowledge of the customer demand and provide practical examples
- Critically identify and discuss the links between the customer’s willingness to buy vis-a-vis demand
- Critically discuss the economies of scale, as well as the different types of costs including variable costs and fixed costs
- Identify and exemplify different types of markets found within the economy
- Critically compare and contrast between monopolistic and oligopolistic markets
- Analyse and exemplify price discrimination
- Have knowledge of the importance of Gross Domestic Product and how it influences business decisions
- Critically analyse and discuss deficits in budgets
- Critically analyse and discuss taxation
- Critically analyse and discuss price inflations
- Prepare effective supply and demand curves according to the requirements
- Use various tools used by managers to understand and comprehend customer preferences and demands such as conjoined analysis
- Apply basic cost and costs structures to effectively comprehend market structures
- Demonstrate the links between cost, profits, and revenues in organisations
- Examine the impacts of price changes in the market How this course will be taught This course shall be taught with a student-centred approach whereby learners are encouraged to take active participation in their own learning. Learners shall be presented with PowerPoint presentations, case-study examples, and other interactive learning materials. Students will be asked to discuss and exchange communication amongst each other (classroom or online, as per learning mode chosen). Assessment This course shall be assessed with a 3-hour time-constrained examination (75%). Learners are also expected to undergo a classroom assessment including discussions, multiple-choice assessments and/or observation (25%). Learners are expected to obtain a minimum of 50% of the total mark to successfully pass from this course
Fees & duration
Fees as published by eie European Business School. Your fee is confirmed only on the invoice issued by eie with your conditional offer. Get Qualified tax-credit figures apply only if you are eligible under Malta Enterprise rules.
Get Qualified — up to 70% back
eie's accredited programmes are eligible under Malta Enterprise's Get Qualified scheme. Eligible self-funded students can recover up to 70% of registration and tuition fees as a tax credit after successfully completing the course.
Recognition
Accredited by MFHEA
This qualification is awarded by eie European Business School (formerly eie Institute of Education) and is accredited by the Malta Further and Higher Education Authority (MFHEA). MFHEA deems this Award to be at MQF Level 5 (12 ECTS) of the Malta Qualifications Framework and the European Qualifications Framework for lifelong learning.
Flexible start
Online awards can start any day. Lecture-based awards use a fixed start date.
How to apply
01
Enquire
Tell Aspire Barcelona what you have studied. We confirm the level Aspire can consider.
02
Offer & invoice
eie aims to send a conditional offer letter and an invoice within 48 hours of your application.
03
Acceptance
Meet the conditions, sign the student agreement and pay — eie then issues a letter of acceptance and a receipt.
Got an offer through an agent? Check it first.
Send a copy of any offer letter, letter of acceptance, invoice or receipt to [email protected]. eie will confirm whether it is genuine and is not responsible for documents or payments that did not come from eie.
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