HNC/HND Business

Table of Contents

1. Business Accounting
2. Economic Issues: An Introduction
3. Marketing: An Introduction
4. Managing People and Organisations
5. Using Software Applications Packages
6. Information Technology Applications Software
7. Analysing and Presenting Complex Communication
8. Business Culture and Strategy
9. Business: Graded Unit 1
10. Business Law: An Introduction
11. Economics 1
12. Economics 2
13. Preparing Financial Forecasts
14. Information and Communication Technology in Business
15. Behavioural Skills for Business
16. Statistics for Business
17. Business: Graded Unit 2
18. Business: Graded Unit 3
19. Business Contractual Relationships
20. Publishing on the Internet
21. eCommerce: Introduction
22. eCommerce: Systems
23. Corporate Information Systems

Economic Issues: An Introduction

This Unit introduces you to some basic issues in economics with a particular emphasis on the business environment. It introduces you to the basic economic problem (i.e. the allocation of resources) and how the consumer and other economic agents address this problem. It also considers how markets operate and what can be done when the operation of these markets fail. National income and its importance in government policy is also addressed.

The unit has 3 outcomes of learning introducing you to -

• the allocation of resources within the economy
• national income and its importance
• the role of government policy in the UK market

To achieve this Unit you will be asked to complete 3 pieces of assessment work. You will be asked to answer questions, normally from either a case study or statistical data or other similar stimuli. These assessments will normally be conducted in a controlled situation, lasting no more than 1 hour each time. You will be allowed to bring into the assessment some written material as support notes.