ECBUSSTR02 Economics and business strategy
Faculty of Business and Economics
Economics and business strategy (ECBUSSTR02) is an area of study worth 24 credit points, taught at Caulfield.
- Credit points
- 24
- Units
- 0
- Campus
- Caulfield
This is the 2022 handbook entry. See the 2026 entry.
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Requisite map
None of the units in Economics and business strategy have prerequisites in the 2022 handbook.
Overview
Economics considers how to allocate scarce resources to maximise people's welfare. Microeconomics examines decisions of individuals, business and government, and the structure of industries and markets. Macroeconomics examines behaviour of the economy as a whole, such as economic growth, inflation and unemployment. Understanding these drivers allows managers to set business and government strategy.
Availability
Economics and business strategy is listed in B2000 Bachelor of Business at Caulfield as a major and minor.