MMBA1023 Business Economics

The module teaches students basic economic principles and how to recognize and apply economic elements in real work situations. Students will be exposed to fundamentals of both microeconomics and macroeconomics, supply and demand, the theory of the firm, characteristics of a market system, opportunity cost, measures and determination of national output, income and employment, money and the banking system, the role of the government in the economy, economic growth, and international trade.  


MMBA1033 PRINCIPLES OF ACCOUNTING AND FINANCE

Synopsis:

This course introduces students to the fundamentals of bookkeeping and principles of financial accounting. It explains the accounting equation, identifies steps to complete the accounting cycle and the nature of the financial statement. The course also trains students on the concepts of finance, time value of money, short term and long term financing.

Credit Value: 3

Course Learning Outcome:

  1. Explain the key principles and concepts of accounting (C2).
  2. Prepare accounting transactions and financial statements (C5).
  3. Apply finance-related principles and concepts to various business scenarios (C3).