115769

Business Economics

Study of core micro- and macro-economic principles and how these can be used in a business environment to enable effective decision making.

Course code

Qualifications are made up of courses. Some universities call these papers. Each course is numbered using six digits.

115769

Level

The fourth number of the course code shows the level of the course. For example, in course 219206, the fourth number is a 2, so it is a 200-level course (usually studied in the second year of full-time study).

700-level

Credits

Each course is worth a number of credits. You combine courses (credits) to meet the total number of credits needed for your qualification.

15

Course planning information

Course notes

Students must submit all assessments, and achieve 50% of the marks available over all of the individually-completed assessments combined, to be eligible to pass the course.

General progression requirements

You may enrol in a postgraduate course (that is a 700-, 800- or 900-level course) if you meet the prerequisites for that course and have been admitted to a qualification which lists the course in its schedule.

Learning outcomes

What you will learn. Knowledge, skills and attitudes you’ll be able to show as a result of successfully finishing this course.

  • 1 Explain different market structures and optimal decisions in terms of the economic environment in which a firm operates.
  • 2 Construct economic arguments in terms of key micro- and macro-economic concepts.
  • 3 Apply economic models to the analysis of selected business economic issues.
  • 4 Discuss the impact of national and global business environments and their impact on business in cross-cultural settings, including the Māori economy in New Zealand.
  • 5 Critically evaluate the implications of national economic policies and global economic trends for an organisation’s competitive environment.
  • 6 Work as an effective member of a team.

Learning outcomes can change before the start of the semester you are studying the course in.

Assessments

Assessment Learning outcomes assessed Weighting
Test 1 2 3 30%
Written Assignment 1 2 3 4 5 6 35%
Written Assignment 3 5 35%

Assessment weightings can change up to the start of the semester the course is delivered in.

You may need to take more assessments depending on where, how, and when you choose to take this course.

Explanation of assessment types

Computer programmes
Computer animation and screening, design, programming, models and other computer work.
Creative compositions
Animations, films, models, textiles, websites, and other compositions.
Exam College or GRS-based (not centrally scheduled)
An exam scheduled by a college or the Graduate Research School (GRS). The exam could be online, oral, field, practical skills, written exams or another format.
Exam (centrally scheduled)
An exam scheduled by Assessment Services (centrally) – you’ll usually be told when and where the exam is through the student portal.
Oral or performance or presentation
Debates, demonstrations, exhibitions, interviews, oral proposals, role play, speech and other performances or presentations.
Participation
You may be assessed on your participation in activities such as online fora, laboratories, debates, tutorials, exercises, seminars, and so on.
Portfolio
Creative, learning, online, narrative, photographic, written, and other portfolios.
Practical or placement
Field trips, field work, placements, seminars, workshops, voluntary work, and other activities.
Simulation
Technology-based or experience-based simulations.
Test
Laboratory, online, multi-choice, short answer, spoken, and other tests – arranged by the school.
Written assignment
Essays, group or individual projects, proposals, reports, reviews, writing exercises, and other written assignments.