Business Economics (4 years, Bachelor of Business Administration)

Objectives & Outcomes

General Objectives

• To give the students the basis for practical applications of economics
• To develop the student’s capacity to think, analyse and process information  in an innovative and creative way
• To develop an awareness, respect and appreciation  of the  social, moral and ethical values as the main principles of one’s relationship towards others and   to the community;
• To develop the students analytical, critical thinking, decision-making and communication competencies  that will help   promote their personal achievement and contribution to organizations;
• To build breath of perspective through the general education requirements and provide sufficient specialization to meet basic professional and career requirements;
• To provide the student with the necessary requirements for academic and/or career advancements.

Specific Objectives

• To provide students with a particle ability to be employed in applications of economics;
• To allow students to integrate the theoretical with practical issues of their choosing
• The main attention is directed to the skills and knowledge required by the profession
• To assist the students in developing leadership, which can be used to motivate employees and also in reaching solutions to problems relating to Business enterprise.

Learning Outcomes

• Find data, generate datasets, and use a statistical package to test and analyse economic situations
• Demonstrate their ability to communicate effectively in business through speaking, writing, and electronic means
• Demonstrate their ability to work in teams and work effectively within them.
• Illustrate their awareness and capability to analyse of environmental, economic, social, political, legal, and ethical nature including their impact on individuals and businesses.
• Describe the application of manual and computer-based quantitative and qualitative tools and methodologies in identifying and solving problems and making decisions in business situations.
• Critically evaluate and apply concepts, techniques, strategies, and theories from any appropriate discipline in business contexts.
• Understand Intermediate level Econometrics, Microeconomics and Macroeconomics
• Be able to read and evaluate academic articles
• Differentiate between contexts of various sectors of business and adapt to them models and techniques of analysis, planning and decision making.
• Demonstrate awareness of the major functions of business and their contribution to value creation.
• Demonstrate their ability to analyze competitors and formulate strategies and tactics to build competitive advantage.
• Describe ways to initiate and implement innovation and change programs working in interdisciplinary teams.
• Demonstrate their skills in developing a holistic perspective of the interconnected internal and external factors and make critical assessment of their impact on business.