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
Tuition: $0
Length: 45.0 hours
Course outline:
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https://www.vcc.ca/vccphp/courseoutline?subject=HOSP&number=2113
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Schedule †
HOSP 2113 schedule for programs:
- HOSP
Course dates and times may vary throughout the term. Select the CRN number below to see a full schedule.
CRN # | Dates | Day/Time/Location |
---|---|---|
42334 | January 6, 2025 to April 17, 2025 | See full schedule Delivery: In Person Location: VCC Downtown Campus |
42338 | January 6, 2025 to April 17, 2025 | See full schedule Delivery: In Person Location: VCC Downtown Campus |
42342 | January 6, 2025 to April 17, 2025 | See full schedule Delivery: In Person Location: VCC Downtown Campus |
42346 | January 6, 2025 to April 17, 2025 | See full schedule Delivery: In Person Location: VCC Downtown Campus |
42350 | January 6, 2025 to April 17, 2025 | See full schedule Delivery: In Person Location: VCC Downtown Campus |
70159 | September 2, 2025 to December 17, 2025 | See full schedule Delivery: In Person Location: VCC Downtown Campus |
70163 | September 2, 2025 to December 17, 2025 | See full schedule Delivery: In Person Location: VCC Downtown Campus |
70167 | September 2, 2025 to December 17, 2025 | See full schedule Delivery: In Person Location: VCC Downtown Campus |
70171 | September 2, 2025 to December 17, 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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* The amount shown is the approximate cost of tuition (for courses with tuition) or fees (for courses that do not have tuition).
Tuition and Fees are approximate and subject to change. Students are required to pay any applicable fee increases. Fees listed are for domestic students. For international programs, visit VCC International.
† 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.