ECON5003 - Economics Analysis

Credits: 3

Understanding macro and microeconomics is critical for business leaders. In this course, students learn how economic issues and strategies are implemented in the business environment, as well as how economic problems are solved. Economic theory is applied to the decision-making process through the application of econometrics. Students apply theories to topics such as supply and demand, human capital, finance, and technology. In this course, social impact economics emphasizes the integration of positive social effects, social investments, philanthropy, and developing solutions to public issues to make the market more efficient. Economic growth, efficiency, and equity will be examined. Students will explore the relationship between market outputs, prices, and externalities, while also analyzing Certified B Corp organizations based on their B Impact Assessment scores. Through the use of econometric tools, students will evaluate the alignment of public funding sources with the United Nations Sustainable Development Goals (SDGs) and develop outcome matrices to measure social impact across a continuum.