Gordon Institute of Business Science

Economics for Non-Economists (Making sense of Economics)

This course introduces key economic concepts and their practical applications. Participants will learn how economic forces influence business decisions, assess performance and understand policy impact

R4,980.00 (excl. VAT)

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Overview

This course bridges the gap between economic theory and practical application, providing participants with a comprehensive understanding of key economic concepts and their relevance to business and society.

 

It covers topics such as markets, macroeconomic indicators, monetary and fiscal policy, and international trade.

 

Participants will learn tools and techniques to evaluate economic operations and assess performance, enabling them to make informed decisions and contribute meaningfully to strategic discussions.


Outcomes

What will you learn?

  • Gain a foundational understanding of economics and its terminology.
  • Learn how markets function through supply and demand principles.
  • Understand macroeconomic indicators like GDP, inflation, and unemployment.
  • Explore monetary and fiscal policy and their impact on business.
  • Analyse factors influencing growth, productivity, and international trade.

Audience

Who would benefit?

  • Non-financial managers and business professionals.
  • Individuals involved in strategic planning and policy discussions.
  • Anyone seeking to understand economic principles for better decision-making.

What will you achieve?

What will you learn?

  • Gain a foundational understanding of economics and its terminology.
  • Learn how markets function through supply and demand principles.
  • Understand macroeconomic indicators like GDP, inflation, and unemployment.
  • Explore monetary and fiscal policy and their impact on business.
  • Analyse factors influencing growth, productivity, and international trade.

Who is this course for?

Who would benefit?

  • Non-financial managers and business professionals.
  • Individuals involved in strategic planning and policy discussions.
  • Anyone seeking to understand economic principles for better decision-making.

What will you achieve?

What will you learn?

  • Gain a foundational understanding of economics and its terminology.
  • Learn how markets function through supply and demand principles.
  • Understand macroeconomic indicators like GDP, inflation, and unemployment.
  • Explore monetary and fiscal policy and their impact on business.
  • Analyse factors influencing growth, productivity, and international trade.

Who is this course for?

Who would benefit?

  • Non-financial managers and business professionals.
  • Individuals involved in strategic planning and policy discussions.
  • Anyone seeking to understand economic principles for better decision-making.
Format:

Professional Development Course

Duration:

9 weeks

Hours per week

5 to 8  hours

Breakdown

5 to 8 hours per week

Certification:

Certificate of Completion

Language

English

OR

Ms. Odette Ramsingh

(Human resources and personal mastery)

OR

Ms. Odette Ramsingh

(Human resources and personal mastery)

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With the experiece and the learning that I have acquired from this course my work is more efficient now and I think I am a better professional.

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Prof Adrian Saville

Prof Adrian Saville – Economist, strategist, and Founding Director of the Centre for African Management and Markets at GIBS. Prof Saville holds a Professorship in Economics, Finance & Strategy at the Gordon Institute of Business Science (GIBS), where he is the Founding Director of the Centre for African Management and Markets (CAMM). He is the author of the Visa Africa Integration Index (2012-2020) and the Investec-GIBS Savings Index (2015-2020), and has worked in many markets, from Brazil to Singapore. Since 2017 Prof Saville has chaired the investment committee of MeTTa Capital’s venture capital fund. He also holds a visiting professorship in Strategic Management at the Rotman School of Management in Toronto, Canada. Prof Saville is a member of various industry bodies, including the Academy of International Business, the Strategic Management Society, Investment Analysts Society, Economic Society of South Africa, Economic History Society of Southern Africa and Manual of Ideas (Global).

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Economics for Non-Economists (Making sense of Economics)

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