Economics Every Accountant Should Know

This course will enable you to

• Use microeconomics to help you make business decisions
• Use supply & demand analysis of markets to understand and maximise your competitive position
• Create a strategy to secure consumer surplus and increase revenue and profitability
• Build opportunity cost into your investment appraisal systems
• Use the price elasticity of your products or services to maximise revenue

About the course

Economics is familiar to all of us. We hear about it every day on the news and we study it as part of our professional qualification. But how many of us understand how to use it to make better business decisions?

This course focuses on how accountants can use economic concepts to underpin pricing strategies and investment decisions, to create market and product strategies and to strengthen and better understand relationships with customers.