Economies and Markets
Economics
A course by
Lincoln University
Core skills this course teaches
Explain basic principles of economics and models of economic analysis
Students will be able to describe core concepts and frameworks that underpin economic activity and analysis.
Identify economic principles in decision-making
Students will learn how economic concepts influence the decisions of individuals, businesses, governments, and society.
Understand international trade in New Zealand
Students will explain the importance and functioning of imports and exports as they apply to the local context.
What You're Signing Up For
Economies and Markets (ECON113) introduces students to the fundamentals of economic theory and market operations. The course covers essential economic principles, analysis models, applications to business and society, New Zealand's role in trade, and the interplay between economic analysis and policymaking.
Course Content
- Basic principles of economics
- Models of economic analysis
- Influence of economic principles on business and decision-making
- Imports and exports in Aotearoa-New Zealand
- Application of economic principles to private and public management
- Basic techniques of cost-benefit analysis
- Policy recommendations based on welfare maximisation
- Intersection of analysis and policy in economics
What you need to know first
Restriction: Introduction to Applied Economics, ECON-110 or ECON-110R
Restriction: Introduction to Economic Theory, ECON-111 or ECON-111R
What sort of industry will this job lead to
Economics
Government
Business Analysis
Future employment opportunities might be
Assistant economist
Business analyst (entry-level)
Support roles in government policy units