Course Description:

Course Title:

Understanding the Impact of Macroeconomic Factors on Business

Course Description:

This course aims to provide level 4 students with a comprehensive understanding of how macroeconomic factors can impact a business. Through interactive lessons and engaging activities, students will develop their knowledge and skills in analysing key macroeconomic factors, understanding the components of aggregate demand, exploring the concept of circular flow of income, and examining the impact of governmental policies and changes in aggregate demand on a business’s level of economic activity. By the end of the course, students will be equipped with the necessary tools to navigate the complex relationship between macroeconomics and business.

Course Objectives:

 Compare key macroeconomic factors

 Describe the key components of aggregate demand

 Explain the concept of circular flow of income

 Analyse the impact of governmental policies on a business

 Examine how changes in aggregate demand affect a business’s level of economic activity