This course aims to equip students with a necessary conceptual framework for understanding the economic forces at work in firms and markets. It will provide students economic models and tools for managerial decision making. Students will not only learn how supply and demand effect prices but also learn how game theory can be applied in decision-making processes at a strategical level.

Continuous Assessment: 50%

Examination: 50%

For a student to pass the course, at least 30% of the maximum mark for the examination should be obtained.

Examination Duration: 2 hours