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Course Syllabus

Course Type: Core Building Blocks (Compulsory 4 Courses) (Done via Tubeclasses or other universities for Credit)

Course Code: MBA605

Course Name: Economics

Course Outline

The impact of economic forces in our lives is sizable and pervasive. For this reason, it is impossible to understand the social and economic forces shaping our lives without a good understanding of basic economic principles. This course provides a quantitative and model-based introduction to such principles, and teaches how to apply them to make sense of a wide range of real world problems. The course begins with an investigation of supply, demand and market equilibrium, including the measurement of elasticity of demand and supply. Then it focuses on the production process, and especially on the costs of production. The course will investigate firm output and pricing policies in competitive, monopolistically competitive, oligopolistic and monopolistic markets. The latter part of the course, will focus on applied and policy problems, by looking at problems posed by ‘market failure’, ‘externalities’ and ‘public goods’. An analysis of industry policy, focusing on tariffs and non-tariff barriers, regulation and corporatization/ privatization will then be done, including the purpose and nature of competition policy.

Course Syllabus

Download syllabus if interested.

WHAT TO DO NEXT (If you are interested in this course)

Students please note that all ‘Value’ courses must be done via Calwest Tubeclasses. However for the Core building block and Electives courses students will have four alternatives choices for completing the course.

Please Click on One Choice from List Below and then Scroll Down to Register.

  1. undertaking the course via Tubeclasses (if available) ($ 800.00) ;
  2. undertaking (free) MOOC courses and having the assessments suitably externally proctored and then applying to Calwest for credit towards their degree program ($ 25 per course);
  3. undertaking similar courses elsewhere (including MOOC Courses) and having them assesses for credit by Calwest professors via a Challenge Exam ($ 250 per course);

    4. OR

  4. (4) applying for Prior Learning Credit for a course done in the past from a recognized institution ($ 25 per course).

If you wish to undertake the Calwest Tubeclass for this course, the lecture topic PowerPoint’s that relate to the text book will be provided upon payment of the course fee ($ 250). The link to the recommended MOOC provider will also be provided, and can be used as a supplementary vehicle for those undertaking the course. Students however have the choice of undertaking a MOOC course without enrolling in a Tubeclass, but need to have their assessments suitably proctored. Some Calwest elective courses do not have a Tubeclass, and in such cases students need to undertake the course via a MOOC offering, or at another accredited university.

 

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