Global Business Decisions (HOSP 2113)

This course provides the learner with an introductory understanding of the basic economic concepts and its impact on business decisions. Course topics will include: opportunity cost, supply and demand, price elasticity, profit maximization, negative externalities, GDP/national output, CPI, employment, output gaps, monetary policy, fiscal policy, and business cycles.
Course code: HOSP 2113
Credits: 3.0
Length: 45.0 hours
Course outline: view https://www.vcc.ca/vccphp/courseoutline?subject=HOSP&number=2113

Schedule †

HOSP 2113 schedule for programs:

Course dates and times may vary throughout the term. Select the CRN number below to see a full schedule.
CRN # Dates Day/Time/Location
62026May 5, 2025
to June 20, 2025		  See full schedule
  Delivery: In Person
  Location: VCC Downtown Campus
62027May 5, 2025
to June 20, 2025		  See full schedule
  Delivery: In Person
  Location: VCC Downtown Campus
70159September 2, 2025
to December 17, 2025		  See full schedule
  Delivery: In Person
  Location: VCC Downtown Campus
70163September 2, 2025
to December 17, 2025		  See full schedule
  Delivery: In Person
  Location: VCC Downtown Campus
70167September 2, 2025
to December 17, 2025		  See full schedule
  Delivery: In Person
  Location: VCC Downtown Campus
70171September 2, 2025
to December 17, 2025		  See full schedule
  Delivery: In Person
  Location: VCC Downtown Campus
72921September 2, 2025
to December 12, 2025		  See full schedule
  Delivery: In Person
  Location: VCC Downtown Campus
72922September 2, 2025
to December 12, 2025		  See full schedule
  Delivery: In Person
  Location: VCC Downtown Campus
72923September 2, 2025
to December 12, 2025		  See full schedule
  Delivery: In Person
  Location: VCC Downtown Campus
72924September 2, 2025
to December 12, 2025		  See full schedule
  Delivery: In Person
  Location: VCC Downtown Campus
72925September 2, 2025
to December 12, 2025		  See full schedule
  Delivery: In Person
  Location: VCC Downtown Campus

Additional Information

  • The Economic Problem: Scarcity, Wants, and Choices
  • Supply, Demand and Market Equilibrium
  • Elasticity
  • Gross Domestic Product (GDP) & Consumer Price Index (CPI)
  • Aggregate Demand-Aggregate Supply (AD/AS)
  • Monetary Policy
  • Fiscal Policy
  • Business Cycles

To learn more about the PLAR pathways for this course review the Hospitality Management Diploma Program Content Guide.

This course is offered as part of a VCC program only.

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† This information is intended as a guideline only. Program and course details are subject to change with the approval of VCC's Board of Governors.