BSQA520 – The Economic Environment
Module code
BSQA520
Module title
The Economic Environment
Prescription
Students will apply elements of economic theory to contemporary business issues.
Programmes
- BS0864
- BS8906
- CO0107
NZQA Level
Level 5
NZQA Credits
20
Delivery method
- Web-Enhanced
Learning hours
- Directed hours
- 64
- Self directed hours
- 136
- Total learning hours
- 200
Resources required
- Learning Outcomes
- 1. Students will understand the nature of economics and the methodology used to analyse
economic problems.
2. Students will apply the supply and demand model to explain the behaviour of markets.
3. Students will analyse the firm's profit maximising behaviour in the different market
structures.
4. Students will understand the role of government in conditions of market failure.
5. Students will apply macroeconomic concepts and models to understand the aggregate
economy.
6. Students will analyse how government affects the macroeconomy.
7. Students will evaluate the effects of international trade and changes in the global
economy on New Zealand.
