Diploma in Logistics and Supply Chain Managment: Principles of Economics (L) - Taylor Pro College

Diploma in Logistics and Supply Chain Managment: Principles of Economics (L)

Categories: Business Administration (Professional), Business Administration (Supreme), Office Administration Diploma (Professional), Office Administration Diploma (Supreme)

About Course

This course combines economic theory and application in an up to date, accessible, and appealing way as seen from a Canadian perspective.
The course is designed to engage students and help them realize the power of economic theory in explaining the practical aspects of their lives and how it can be applied in business.

Course Content

Topic 1: Economic Problem

Economic Problem

03:49
LO1: Define the Concepts of Scarcity, Choice, Opportunity Cost, and Resource Allocation

14:29
LO2: Explain How Economic Systems Address Fundamental Economic Problems

13:53
LO3: Analyze the Impact of Scarcity and Choice on Individuals, Businesses, and Society

13:13

Topic 2: Demand and Supply

Topic 3: Competition and Government

Topic 4: Cost of Production

Quiz I

Topic 5: Perfect Competition

Topic 6: Monopoly and Imperfect Competition and Foreign Sector

Topic 7: Economic Welfare and Income Distribution

Topic 8: Measures of Economic Activity

Quiz II

Topic 9: Inflation and Unemployment

Topic 10: Economic Fluctuations and Fiscal Policy

Topic 11: Final Exam Review

Final Exam Quiz

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