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You must have JavaScript and cookies enabled in your browser to flag content.PDBM - Business Economics
Course Code:
PBA40005
Start Date:
To Be Advised
Hours:
30.0
Level:
Module Certificate
Email:
natalieycm@vtc.edu.hk
Enquiry:
Mr. Gary Leung (Programme Director)
Tel: 2836 1822
Ms. Natalie Yau (Programme Secretary)
Tel: 2919 1515 Fax: 2891 5707
Tel: 2836 1822
Ms. Natalie Yau (Programme Secretary)
Tel: 2919 1515 Fax: 2891 5707
Module Intended Learning Outcomes:
On completion of the module, learners are expected to be able to:
1. analyse macro-economic and micro-economic problems using appropriate theoretical models and quantitative methods;
2. evaluate the implications for different types of market structures for business organisations;
3. apply the concepts of national income, money and banking and international trade to measure the economic activities in Hong Kong; and
4. explain and interpret macro-economic data for realistic issues and phenomena of an economy.
Learning Contents:
1. Principles of economics
2. Economic theory
3. Interdependence and the gains from trade
4. Basic elements of supply and demand
5. Elasticity and Its application
6. Consumers, producers, and the efficiency of Markets
7. The Role of government and the government policies
8. Externalities
9. Public goods and common resources
10. The cost of production
11. Profit maximization
12. Demand and supply for different market structure
13. Measuring a nation's Income
14. Production and growth
15. Savings, investment, and the financial System
16. Unemploymentand Its Natural Rate
17. The monetary system
18. Money growth and inflation
19. The Influence of monetary and fiscal Policy on aggregate demand
20. Aggregate demand and aggregate supply
Medium of Instruction
English supplemented with Cantonese
Entry Requirements:
- Five HKDSE subjects at Level 2 or above, including English and Chinese Languages with 2 or more years' relevant full-time work experience; or
- Five HKCEE subjects at Grade E/Level 2 or above, including English* and Chinese Languages with 3 or more years' relevant full-time work experience; or
- Completion of a QF Level 3 programme that is deemed acceptable to the respective Programme Committee; or
- Relevant Recognition of Prior Learning (RPL) qualification(s) at QF Level 3 or above AND a pass in an admission interview; or
- Other relevant verifiable prior learning and/or work experience that is/are deemed appropriate by respective Programme Committee AND a pass in an admission interview.
[* Applicants who took HKCEE English Language in 2006 or before should have attained Grade E or above (Syllabus B) / Grade C or above (Syllabus A)]
[Entry requirements for mature applicants are: Aged 23 years old or above with at least 2 years of relevant full-time work experience subject to a satisfactory admission interview.]
Continuing Education Fund
- This course has been included in the list of reimbursable courses under the Continuing Education Fund. The mother course (Professional Diploma in Business Management) of this module is recognised under the Qualifications Framework (QF Level 4)
- CEF Course Code: 33Z13752A
- Reimbursement requirements: Eligible applicants can apply for fee reimbursement upon successful completion of each CEF reimbursable course, i.e. (i) met the minimum attendance requirement of 70% AND (ii) attained at least 40% of both overall Continuous Assessment and End-of-Module Assessment marks AND (iii) attained an overall mark of 50% or above. For details, please visit CEF Website at https://www.wfsfaa.gov.hk/cef .
| Course Code | Programme | Level | |
|---|---|---|---|
| 622B2 | PDBM - Hong Kong Business Law | Module Certificate | |
| 623B2 | PDBM - Management Theory and Practice | Module Certificate | |
| 626B2 | PDBM - Business Organisation | Module Certificate | |
| 627B2 | PDBM - Financial Accounting & Management Accounting | Module Certificate | |
| 629B2 | PDBM - Marketing Strategy | Module Certificate | |
| 630B2 | PDBM - Buying Behaviour | Module Certificate | |
| 663B2 | PDBM - Financial Management | Module Certificate | |
| PBA40003 | PDBM - Human Resources Management | Module Certificate | |
| PBA40005 | PDBM - Business Economics | Module Certificate | |
| PBA40006 | PDBM - Business Statistics | Module Certificate | |
| PBA40007 | PDBM - Contemporary Business Communication | Module Certificate | |
| PBA40008 | PDBM - Digital Technologies in Business Management | Module Certificate | |
Graduates of Professional Diploma in Business Management (PDBM) may be eligible to articulate to a well-known overseas university.