Course description

The Economic Environment of Business refers to the external economic factors that influence business decisions and performance. It includes inflation, interest rates, government policies, and market conditions. Understanding these factors helps businesses adapt strategies for growth and stability. A strong economic environment fosters investment, innovation, and sustainability.

What will i learn?

• Acquire the conceptual and theoretical knowledge of economics which is relevant for evaluating economic behavior of an individual economic agent.
• Ability to relate theory with practice in describing environmental issues with industrialization; understand developmental parading of a nation by analyzing trend and pattern of developmental indicators like HDI
• Evaluate and compare the various types of economic indicators and environmental problem and use them when planning price policy of a firm or an industry, and to communicate environmental policy to save economy to the policy maker
• Demonstrate the use of environment economics concepts like EKC, CSR in strategic planning
• Ability to sustainable economy and environment and also understand use the ideas to protect resources in life- long in business and health