Economics and finance for business
Testimonials
Aleksandra Shcherbakova
Master of Management
“I have met some truly impressive talents and kind personalities among our lecturers."
Angelica Balajadia
Master of Management
“I have found my people here, I have networked here. I am open to doors opening and so many doors are opening already."
Wiranpatchara (Sandy) Wongchanapai
Master of International Business
"Whilst studying at ICMS, I was able to have a strong work/study life balance".
Cameron Colvin
Bachelor of Business (Marketing)
"My work experience boosted my confidence and allowed me to apply theoretical knowledge in practical settings."
Taylor McLeod
Bachelor of Business (Sports Management)
“The small, intimate environment in my lectures makes me feel like I am being heard and that I am getting the most out of my studies."
Julie Williams
Bachelor of Business (Fashion and Global Brand Management)
"I chose ICMS because they have provided me with the opportunity to kickstart my career through their many industry partners".
Keegan Du Preez
Bachelor of Business Management (Accounting)
"ICMS is realistic. They understand the realistic expectations of various markets. It’s not just textbook knowledge, especially compared to every other competitor".
Michaela Mayes
Bachelor of Business (Marketing)
"ICMS' Work Integrated Learning gave me the ability to gain real life experience before I even graduated".
Alana Williams
Bachelor of Business (Accounting)
“I worked full time whilst studying, with ICMS allowing for such a great work to study ratio and balance, where I was flexibly allowed to do both.”
Juliette Wilson
Bachelor of Business (Marketing)
"I think the biggest thing is that you get a personalised experience, and you’ll be treated like a person, not a number".
Calum McKnight
Bachelor of Business (Marketing)
“Very quickly, ICMS gave me a circle of friends who are pretty driven – but who also like to have fun – and when I see where they are now it’s pretty exciting and it drives me further.”
Ewan Metcalfe
Bachelor of Business (Sports Management)
"Through being at this college and the geographical location, it always reminded me to stay grounded, keep working hard to further improve my life and stay happy".
This subject is available under ICMS postgraduate degrees, please click the button below to find a postgraduate course for you.
Subject Code:
ECO600
Subject Aim:
All businesses operate within a dynamic economic, financial, social and environmental context. To make evidence-based business decisions, it is necessary to understand this complex and competitive business environment and possess professional skills and a toolkit to navigate it.
This subject prepares students to fulfill that goal in the following three ways. First: to apply theory to understand economic, financial and commercial systems and events. Second: to anticipate how the actions of business competitors, changing economic, trade and financial conditions and government policies influence business. Third: to apply insights from cutting-edge economic concepts and frameworks to craft profitable business strategies and contribute to ecological sustainability, ethics and social fairness with business.
Learning Outcomes:
a) Apply advanced microeconomic concepts and frameworks to analyse markets and businesses.
b) Integrate economic and financial and frameworks to formulate evidence-based arguments and strategies that inform business and economic management decisions.
c) Critique the strategies and operations of businesses, including their interactions with other businesses, governments and society, and formulate improvements.
d) Evaluate and communicate ideas about the financial system, international trade, and the issues of ethics and ecological sustainability in business.
e) Apply advanced macroeconomic analytical skills to evaluate economies and their effects on business and investment decisions.
Student Assessment:
Exams will take place in weeks 15 & 16. Please refer to the official Exam Timetable for further information. For detailed instructions see the Moodle site.
| No | Type | Weighting | Learning Outcomes |
| 1 | Online Test | 25.00% | a, c |
| 2 | Consulting Project (G) | 35.00% | a, b, c |
| 3 | Case Study Assessment | 40.00% | a, b, c, d, e |