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ECO828Management Sciences2 Unitsintermediate

Economy And Industrial Analysis

This course provides an in-depth analysis of the economy and industry, focusing on understanding industry dynamics, business environments, and strategic decision-making. It covers topics such as marginal analysis, environmental forecasting, and the impact of economic policies on industrial performance. Students will learn to assess industry trends, manage risks, and formulate effective business strategies in a globalized context. The course also explores contemporary organizational responses to industry disruptions and innovations.

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200h
Study Time
13
Weeks
15h
Per Week
basic
Math Level
Course Keywords
Industry AnalysisEconomic PoliciesBusiness StrategyMarket EnvironmentGlobalization

Course Overview

Everything you need to know about this course

Course Difficulty

Intermediate Level
Builds on foundational knowledge
65%
intermediate
➕
Math Level
Basic Math
📖
Learning Type
Theoretical Focus

Course Topics

Key areas covered in this course

1

Industry Dynamics

2

Business Environment

3

Marginal Analysis

4

Environmental Forecasting

5

Economic Policies

6

Globalization

7

Organizational Restructuring

8

Risk Management

9

Business Strategy

10

Market Entry

11

Innovation

Total Topics11 topics

Ready to Start

No specific requirements needed

This course is designed to be accessible to all students. You can start immediately without any prior knowledge or specific preparation.

Assessment Methods

How your progress will be evaluated (3 methods)

Assignments

Comprehensive evaluation of course material understanding

Written Assessment

Tutor-Marked Assignments

Comprehensive evaluation of course material understanding

Written Assessment

Final Examination

Comprehensive evaluation of course material understanding

Written Assessment

Career Opportunities

Explore the career paths this course opens up for you

Business Analyst

Apply your skills in this growing field

Market Research Analyst

Apply your skills in this growing field

Management Consultant

Apply your skills in this growing field

Strategic Planner

Apply your skills in this growing field

Policy Advisor

Apply your skills in this growing field

Industry Applications

Real-world sectors where you can apply your knowledge

ManufacturingFinanceHealthcareTechnologyEnergy

Study Schedule Beta

A structured 13-week journey through the course content

Week
1

Module 1: Understanding the Industry

4h

Unit 1: Understanding the Industry

2 study hours
  • •Read the introduction to understand the importance of industry dynamics.
  • •Define the concept of an industry and its key characteristics.
  • •Discuss the industry life cycle and its implications for competition.

Unit 2: Understanding Business Environment

2 study hours
  • •Examine the internal and external environments affecting businesses.
  • •Discuss the importance of environmental analysis for strategic management.
  • •Identify the major characteristics of business environment in an economy
Week
2

Module 1: Understanding the Industry

3h

Unit 3: Marginal Analysis in The Industry (Internal Environment Analysis)

3 study hours
  • •Apply marginal cost and revenue analysis to optimize production decisions.
  • •Discuss the concept of profit maximization in an industrial context.
  • •Analyze the impact of labor costs on marginal analysis.
Week
3

Module 1: Understanding the Industry

3h

Unit 4: Environmental Forecasting

3 study hours
  • •Differentiate between environmental analysis and environmental forecasting.
  • •Explore methods of environmental forecasting, including trend analysis and scenario planning.
  • •Discuss the benefits and challenges of environmental forecasting for businesses.
Week
4

Module 2: Trends and Changes in The Business Environment

2h

Unit 1: Trends and Changes in The Business Environment

2 study hours
  • •Identify key trends and changes affecting the business environment.
  • •Discuss the impact of sustainability and environmental consciousness on business practices.
  • •Examine the role of technological advancements in shaping the business environment.
Week
5

Module 2: Trends and Changes in The Business Environment

3h

Unit 2: Trends and changes in the business Environment Demography

3 study hours
  • •Analyze the impact of demographic trends on consumer behavior and market demand.
  • •Discuss strategies for personalizing products and services based on demographic factors.
  • •Examine the consequences of demography factors
Week
6

Module 2: Trends and Changes in The Business Environment

2h

Unit 3: Trends and changes in the business environment: Identity

2 study hours
  • •Explore the evolving workforce dynamics and their implications for businesses.
  • •Discuss the relevance of identity in shaping organizational culture and employee engagement.
  • •Explain trends and Changes in Business Environment with reference to Identity
Week
7

Module 2: Trends and Changes in The Business Environment

3h

Unit 4: Trends and Changes in The Business Environment: Globalization and Post-Fordism

3 study hours
  • •Examine the impact of globalization and post-Fordism on business strategies.
  • •Discuss the factors that may have contributed to the post-Fordist era.
  • •Explain the concept of globalization
Week
8

Module 3: Contemporary Organizational Responses

2h

Unit 1: Contemporary Organizational Responses

2 study hours
  • •Describe the contemporary organizational responses to their environment.
  • •Explain the importance of Agile Transformation and Adaptive Structure in business.
  • •Discuss the contemporary organizational responses to their environment.
Week
9

Module 3: Contemporary Organizational Responses

3h

Unit 2: Scenarios

3 study hours
  • •Examine Scenario Analysis for Capital Investment.
  • •Explain scenario Analysis for Capital Investment and its advantages.
  • •Identify and discuss the various the processes of designing a Scenario.
Week
10

Module 3: Contemporary Organizational Responses

2h

Unit 3: Restructuring Contents in Industry

2 study hours
  • •Explain downsizing
  • •Explain mergers/acquisition
  • •Explain outsourcing
Week
11

Module 3: Contemporary Organizational Responses

3h

Unit 4: Risk Management and Challenges in Restructuring

3 study hours
  • •Examine risk management in industry restructuring
  • •List the challenges of encountered in restructuring
  • •Explain how to manage employee resistance in Industry restructuring
Week
12

Module 4: Economic Policies and Industrial Performance

4h

Unit 1: Government Interventions: Fiscal and Monetary Policies

2 study hours
  • •Explain how government intervene in the economy
  • •Examine taxation and government Spending
  • •Demonstrate how money supply and interest rates affects the economy

Unit 2: Regulatory Environment and Its Effect on Industries

2 study hours
  • •Explain regulatory environment and its effect on industry
  • •Demonstrate understanding the regulatory environment
  • •Examine regulatory impact on industry
Week
13

Module 4: Economic Policies and Industrial Performance

4h

Unit 3: Investment Incentives and Industrial Development

2 study hours
  • •Explain investment incentives and industrial development
  • •Demonstrate an understanding of historical context and evolution of investment incentives
  • •Identify the roles of investment incentives in economic development

Unit 4: Economic Stability and Its Implications for Industries

2 study hours
  • •Explain economic stability and its implications for industries
  • •Identify the importance of economic stability on industry
  • •Examine the impact of economic fluctuations on industries

This study schedule is in beta and may not be accurate. Please use it as a guide and consult the course outline for the most accurate information.

Course PDF Material

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Study Tips & Exam Preparation

Expert tips to help you succeed in this course

1

Create concept maps linking Units 1-4 to understand industry analysis.

2

Practice marginal analysis problems from Unit 3 weekly.

3

Review case studies in Modules 3-5 to apply concepts to real-world scenarios.

4

Summarize key economic policies from Module 4 and their impacts.

5

Focus on understanding globalization and its effects on business strategies from Module 2.

6

Review all TMAs

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