ECON 104 Economic Analysis for Small Business is designed to engage students with contemporary global and Canadian issues, and with some of the region's competitive markets. Students will survey contemporary news publications and other data sources, analyzing their contents to identify economic concepts and management implications. Focus will be on identifying the economic impacts on business resulting from the cloud of seemingly chaotic global events.
Prerequisites: Program Admission Standards. Acceptance to PGBM program
Accessibility Services Notice
Students who would like an academic accommodation and who have a documented disability should contact Accessibility Services, if they have not already done so.Course Details| Total number of weeks | 15 |
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| Total Credits | |
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| Total Hours | 45 |
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Typical hours per week breakdown| Lecture | 2 |
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| Seminar | 1 |
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Learning Outcomes
Upon successful completion of this course, the learner will be able to:
- Explain why scarcity, choice and cost are at the heart of economics and identify their influence in the world around them
- Describe how markets determine relative prices through the forces of demand and supply
- Source & identify appropriate sources of data for decision-making
- Apply the demand/supply model to real-life markets
- Describe the implications of economic data and news on management decision making
- Predict future market developments by applying "economic thinking" as related to management strategies
Grading Table
Standard Academic and Career Programs Grading Table
| Percentage |
Letter Grade |
GPA |
| 90-100 |
A+ |
4.33 |
| 85-89 |
A |
4.00 |
| 80-84 |
A- |
3.67 |
| 76-79 |
B+ |
3.33 |
| 72-75 |
B |
3.00 |
| 68-71 |
B- |
2.67 |
| 64-67 |
C+ |
2.33 |
| 60-63 |
C |
2.00 |
| 55-59 |
C- |
1.67 |
| 50-54 |
P |
1.00 |
| 0-49 |
F |
0.00 |
| |
DNW |
0.00 |
See the Academic Calendar for General Information including how to withdraw from course(s) and other regulations.
Disclaimer
Information contained in this course outline is correct at the time of publication. Content of the course is revised on an ongoing basis to ensure relevance to changing educational, employment and market needs. The instructor will endeavor to provide notice of changes to students as soon as possible. The instructor reserves the right to add or delete material from courses.