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Waikato Management School
Te Raupapa

ECON100-16T (BLK) - Business Economics and the New Zealand Economy (2016)

Introduction


Credit points

15.00

Calendar description

An introduction to the analysis of market environments and the New Zealand economy from a business and policy perspective.

Handbook description

An introduction to the analysis of market environments and the New Zealand economy from a business and policy perspective. This paper introduces students to the essential aspects of the micro- and macroeconomic environment within which individuals and businesses operate. It provides an introduction to the key characteristics of different types of economic environments from both business and policy perspectives, the ways in which market types can be analysed, and the central issues of business strategy that are relevant in markets and in the New Zealand economy.

Extended Information

This T-Semester paper is taught using a combination of online lectures and in-person tutorials.

Business Economics and New Zealand Economy aims to introduce students to the essential aspects of the economic environment within which individuals and businesses operate. It will provide an introduction to the key characteristics of different types of economic environments from both a business and policy perspective, the ways in which market types can be analyzed, and the central issues of business strategy from an economic perspective.

This paper will help you to understand and cope with the diverse economic problems that you might encounter as a business manager or policy maker. Questions that the course will help you answer include:

  • Why does New Zealand have a market-based economy?
  • How does this relate to the economic way of thinking?
  • How might you influence a person's decisions to buy?
  • When can a firm make higher than normal profits?
  • Can we consistently beat the stock market?
  • What advice can we give to businesses regarding business strategy?
  • How might we best protect the environment?
  • Why are there gains from free trade agreements?