Foundations of Economic Analysis (Accountancy and Finance)

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Credits

20

Module code

BU12005

Foundations of Economics Analysis  (Accounting & Finance)

Introduces the tools needed to analyse how an economy works. It helps students to understand consumer choice, how prices are set, the way firms and markets operate, whether monopoly is efficient, why governments might choose to regulate industry or provide services such as health and education. Issues such as the determination of national income are examined along with policy options available to governments to reduce unemployment and inflation.