This course provides a comprehensive understanding of economic principles and their application in business decision-making. It covers both microeconomics and macroeconomics, focusing on concepts such as demand and supply, market structures, production and cost analysis, national income, inflation, unemployment, fiscal and monetary policies, and international trade. Students learn how economic forces influence business operations and strategies, enabling them to analyze market behavior, evaluate policy impacts, and make informed managerial decisions. The course builds a strong foundation for understanding the economic environment of business and its role in shaping organizational success.
