Economic Environment

    Course details

    • Code: MGMT.5520
    • Fee: $897*
    • Level: 5
    • Credits: 20
    • EFTS: 0.1667
    • Subject: Business Management
Study optionsFull-time
Time in class65 (approximate total hours)
Offered (indicative)Semester 1, Semester 2
LocationRotorua (Mokoia), Taupo, Whakatane

Course Aim

Students will apply elements of economic theory to the contemporary New Zealand environment.

Learning outcomes

On successful completion of this course, students will:

  1. Understand the nature of economics and the methodology used to analyse the economic problem.
  2. Apply the supply and demand model to explain the behaviour of markets.
  3. Analyse the firm’s profit maximising behaviour in the different market structures.
  4. Evaluate the role of government in conditions of market failure.
  5. Apply macro-economic concepts and models to understand the aggregate environment.
  6. Analyse how government affects the economy.
  7. Evaluate the effects of international trade and changes in the global economy on New Zealand.

*Course cost/fee: Indicative standard fee for New Zealand residents only. Fees for non-New Zealand residents will vary, visit the Programmes and Tuition Fees for International Students information page.

*Course cost/fee last updated 13-Dec-2016

Page last updated: 01 Sep 2017