Back to Strut Learning Products
BBA
Demonstrate an understanding of the structure of economies and the impact of policies on their performance
Included with BBA Full Access
Included with BSIT Full Access
We are currently reviewing underlying agreements with the content developers responsible for this course. Currently, this Competency is not available.
Define Gross Domestic Product (GDP) and how it is applied in business.
Explain what causes inflation and unemployment.
Explain how various factors can change/shift the aggregate supply and demand curve and how increased productivity leads to economic growth.
Describe the investment ‚ savings (IS) curve and the liquidity preference ‚ money (LM) curve and its characteristics.
Explain the role of monetary policy.
Explain the role of fiscal policy.
Bring your institution and students quality, job-focused, and flexible program options
Included with BBA Access
Bring your institution and students quality, job-focused, and flexible program options
Included with BSIT Full Access