EFM854 – Economics & Financial Management

About Course

-The course aims to:
Economics:
A1. Introduce students to economics and provide a foundation of economic understanding and knowledge so as to grasp the implications for businesses of changes in the economic environment
A2. Develop the ability to use economic understanding and knowledge in examining and assessing a number of microeconomic and macroeconomic issues.
Financial Management:
A1. Cover the basic areas of financial management, which are of fundamental interest to corporate managers.
A2. Understand the basic principles needed to implement financial decisions both inside and outside the firm.

Course Content

WEEK 1: Introduction to Economics and the Market Forces of Demand and Supply

WEEK 1: Introduction to Economics and the Market Forces of Demand and Supply – Learning Objectives
WEEK 1: Introduction to Economics and the Market Forces of Demand and Supply – Part 1

12:58
WEEK 1: Introduction to Economics and the Market Forces of Demand and Supply – Part 2

07:34
WEEK 1: Introduction to Economics and the Market Forces of Demand and Supply – Part 3

05:57
WEEK 1: Introduction to Economics and the Market Forces of Demand and Supply – Part 4

10:45
WEEK 1: Introduction to Economics and the Market Forces of Demand and Supply – Part 5

11:30
WEEK 1: Introduction to Economics and the Market Forces of Demand and Supply – Part 6

10:39
WEEK 1: Introduction to Economics and the Market Forces of Demand and Supply – Part 7

10:25
WEEK 1: Introduction to Economics and the Market Forces of Demand and Supply – Part 8

03:45
WEEK 1: Introduction to Economics and the Market Forces of Demand and Supply – E-tivity
WEEK 1: Introduction to Economics and the Market Forces of Demand and Supply – Quiz

WEEK 2: Elasticity and its Applications

WEEK 2: Elasticity and its Applications – Learning Objectives
WEEK 2: Elasticity and its Applications – Part 1

07:21
WEEK 2: Elasticity and its Applications – Part 2

10:53
WEEK 2: Elasticity and its Applications – Part 3

09:42
WEEK 2: Elasticity and its Applications – Part 4

10:39
WEEK 2: Elasticity and its Applications – Part 5

10:27
WEEK 2: Elasticity and its Applications – Part 6

10:50
WEEK 2: Elasticity and its Applications – Summary

02:52
WEEK 2: Elasticity and its Applications – E-tivity – Assessed 5%
WEEK 2: Elasticity and its Applications – Quiz

WEEK 3: Costs of Production and Profit Maximisation under Perfect Competition and Monopoly

WEEK 3: Costs of Production and Profit Maximisation under Perfect Competition and Monopoly – Learning Objectives
WEEK 3: Costs of Production and Profit Maximisation under Perfect Competition and Monopoly – Part 1

11:12
WEEK 3: Costs of Production and Profit Maximisation under Perfect Competition and Monopoly – Part 2

02:36
WEEK 3: Costs of Production and Profit Maximisation under Perfect Competition and Monopoly – The Law (or Principle) Of Diminishing Marginal Returns (or Productivity) Explained in One Minute

01:30
WEEK 3: Costs of Production and Profit Maximisation under Perfect Competition and Monopoly – Part 3

14:08
WEEK 3: Costs of Production and Profit Maximisation under Perfect Competition and Monopoly – Part 4

13:46
WEEK 3: Costs of Production and Profit Maximisation under Perfect Competition and Monopoly – Part 5

06:52
WEEK 3: Costs of Production and Profit Maximisation under Perfect Competition and Monopoly – Part 6

13:40
WEEK 3: Costs of Production and Profit Maximisation under Perfect Competition and Monopoly – E-tivity
WEEK 3: Costs of Production and Profit Maximisation under Perfect Competition and Monopoly – Quiz

WEEK 4: Measuring a Nation’s Income

WEEK 4: Measuring a Nation’s Income – Learning Objectives
WEEK 4: Measuring a Nation’s Income – Part 1

06:37
WEEK 4: Measuring a Nation’s Income – Part 2

02:33
WEEK 4: Measuring a Nation’s Income – Examples of accounting for GDP

05:56
WEEK 4: Measuring a Nation’s Income – Part 3

08:13
WEEK 4: Measuring a Nation’s Income – How To Find The GDP Deflator

04:05
WEEK 4: Measuring a Nation’s Income – Part 4

07:25
WEEK 4: Measuring a Nation’s Income – E-tivity
WEEK 4: Measuring a Nation’s Income – Quiz

WEEK 5: The Cost of Living and Unemployment

WEEK 5: The Cost of Living and Unemployment – Learning Objectives
WEEK 5: The Cost of Living and Unemployment – Part 1

05:15
WEEK 5: The Cost of Living and Unemployment – How the Consumer Price Index Measures Inflation

05:01
WEEK 5: The Cost of Living and Unemployment – Part 2

07:04
WEEK 5: The Cost of Living and Unemployment – Part 3

11:59
WEEK 5: The Cost of Living and Unemployment – Part 4

12:36
WEEK 5: The Cost of Living and Unemployment – Part 5

03:39
WEEK 5: The Cost of Living and Unemployment – What Is the Natural Rate of Unemployment

02:14
WEEK 5: The Cost of Living and Unemployment – Part 6

12:06
WEEK 5: The Cost of Living and Unemployment – Part 7

17:51
WEEK 5: The Cost of Living and Unemployment – E-tivity – Assessed 5%
WEEK 5: The Cost of Living and Unemployment – Quiz

WEEK 6: The Monetary System

WEEK 7: The World of Financial Management

WEEK 8: An Introduction to Project Appraisal Cashflow and Applications

WEEK 8: An Introduction to Project Appraisal Cashflow and Applications – Learning Objectives
WEEK 8: An Introduction to Project Appraisal Cashflow and Applications – Present value and annuity tables
WEEK 8: An Introduction to Project Appraisal Cashflow and Applications – Part 1 – Introduction to Investment Appraisal

05:07
WEEK 8: An Introduction to Project Appraisal Cashflow and Applications – Part 2 – Conventional Methods of Investment Appraisal

08:57
WEEK 8: An Introduction to Project Appraisal Cashflow and Applications – Exercise 1
WEEK 8: An Introduction to Project Appraisal Cashflow and Applications – Part 3 – DCF Methods – NPV

10:53
WEEK 8: An Introduction to Project Appraisal Cashflow and Applications – Exercise 2
WEEK 8: An Introduction to Project Appraisal Cashflow and Applications – Exercise 3
WEEK 8: An Introduction to Project Appraisal Cashflow and Applications – Part 4 – DCF Methods – IRR

12:02
WEEK 8: An Introduction to Project Appraisal Cashflow and Applications – Exercise 4
WEEK 8: An Introduction to Project Appraisal Cashflow and Applications – Part 5 – DCF Methods – IRR

03:07
WEEK 8: An Introduction to Project Appraisal Cashflow and Applications – Exercise 5
WEEK 8: An Introduction to Project Appraisal Cashflow and Applications – Part 6 – Further Issues to Consider on Investment Appraisal

05:28
WEEK 8: An Introduction to Project Appraisal Cashflow and Applications – E-tivity
WEEK 8: An Introduction to Project Appraisal Cashflow and Applications – Quiz

WEEK 9: Project Appraisal

WEEK 9: Project Appraisal – Learning Objectives
WEEK 9: Project Appraisal – Part 1 – Introduction to Investment Appraisal

04:14
WEEK 9: Project Appraisal – Part 2 – Value creation and Corporate Investment

14:01
WEEK 9: Project Appraisal – Part 3 – Examples on FV and PV

14:12
WEEK 9: Project Appraisal – Part 4 – Example on Appraisal for a NCA

10:42
WEEK 9: Project Appraisal – Part 5 – IRR and Comparison of the methods

09:08
WEEK 9: Project Appraisal – E-tivity – Assessed 5%
WEEK 9: Project Appraisal – Quiz
WEEK 9: Project Appraisal – Week 3 – Example on IRR Calculation Using the Formula

05:50

WEEK 10: Relationship Between Risk and Return

WEEK 10: Relationship Between Risk and Return – Learning Objectives
WEEK 10: Relationship Between Risk and Return – Part 1 – Introduction to Risk & Return

07:21
WEEK 10: Relationship Between Risk and Return – Part 2 – Risk Return Trade Off

02:06
WEEK 10: Relationship Between Risk and Return – Part 3 – Risk VS Uncertainty

11:12
WEEK 10: Relationship Between Risk and Return – Part 4 – Examples on the TSR

07:48
WEEK 10: Relationship Between Risk and Return – Part 5 – Examples on the TSR and Risk on Investments

04:55
WEEK 10: Relationship Between Risk and Return – E-tivity
WEEK 10: Relationship Between Risk and Return – Quiz

WEEK 11: The Cost of Capital and Capital Structure

WEEK 11: The Cost of Capital and Capital Structure – Learning Objectives
WEEK 11: The Cost of Capital and Capital Structure – Introduction to Cost of Capital

02:55
WEEK 11: The Cost of Capital and Capital Structure – Cost of Ordinary Shares and Retained Earnings

09:14
WEEK 11: The Cost of Capital and Capital Structure – The Cost of Preference Shares

07:54
WEEK 11: The Cost of Capital and Capital Structure – Cost of Irredeemable Bonds

06:36
WEEK 11: The Cost of Capital and Capital Structure – The Cost of Redeemable Bonds

11:57
WEEK 11: The Cost of Capital and Capital Structure – WACC

15:18
WEEK 11: The Cost of Capital and Capital Structure – Drawbacks of WACC and Gearing

10:19
WEEK 11: The Cost of Capital and Capital Structure – The Optimal Capital Structure

02:15
WEEK 11: The Cost of Capital and Capital Structure – E-tivity – Assessed 5%
WEEK 11: The Cost of Capital and Capital Structure – Quiz

WEEK 12: Short-term Finance and the Management of Working Capital

WEEK 12: Short-term Finance and the Management of Working Capital – Learning Objectives
WEEK 12: Short-term Finance and the Management of Working Capital – Understanding Working Capital Management

09:07
WEEK 12: Short-term Finance and the Management of Working Capital – Short Term Finance and Overtrading

08:40
WEEK 12: Short-term Finance and the Management of Working Capital – Inventory Management

08:50
WEEK 12: Short-term Finance and the Management of Working Capital – Cash Management

09:35
WEEK 12: Short-term Finance and the Management of Working Capital – Debtors Management

10:53
WEEK 12: Short-term Finance and the Management of Working Capital – Factory and Summary

07:44
WEEK 12: Short-term Finance and the Management of Working Capital – E-tivity
WEEK 12: Short-term Finance and the Management of Working Capital – Quiz

Student Ratings & Reviews

No Review Yet

WEEK 1 Introduction to Economics and the Market Forces of Demand and Supply.pdf

Size: 1.91 MB

WEEK 2 Elasticity and its Applications.pdf

Size: 761.30 KB

WEEK 3 Costs of Production and Profit Maximisation under Perfect Competition and Monopoly.pdf

Size: 1.11 MB

WEEK 4 Measuring a Nation’s Income.pdf

Size: 1.05 MB

WEEK 5 The Cost of Living and Unemployment.pdf

Size: 940.71 KB

Week 6 The Monetary System.pdf

Size: 425.01 KB

Week 7 – The world of Financial Management.pdf

Size: 452.19 KB

Week 8 – Introduction to Investment Appraisal.pdf

Size: 545.68 KB

E-MBA – Present value and annuity tables.pdf

Size: 124.75 KB

Week 9 – Investment Appraisal – NPV+ IRR.pdf

Size: 466.38 KB

Week 10 – Relationship between Risk & Return.pdf

Size: 361.53 KB

Week 11 – Cost of Capital and Capital Structure.pdf

Size: 395.08 KB

Week 12 – Working Capital Management.pdf

Size: 408.60 KB

About Course

Course Content

WEEK 1: Introduction to Economics and the Market Forces of Demand and Supply

WEEK 1: Introduction to Economics and the Market Forces of Demand and Supply – Learning Objectives

WEEK 1: Introduction to Economics and the Market Forces of Demand and Supply – Part 1

WEEK 1: Introduction to Economics and the Market Forces of Demand and Supply – Part 2

WEEK 1: Introduction to Economics and the Market Forces of Demand and Supply – Part 3

WEEK 1: Introduction to Economics and the Market Forces of Demand and Supply – Part 4

WEEK 1: Introduction to Economics and the Market Forces of Demand and Supply – Part 5

WEEK 1: Introduction to Economics and the Market Forces of Demand and Supply – Part 6

WEEK 1: Introduction to Economics and the Market Forces of Demand and Supply – Part 7

WEEK 1: Introduction to Economics and the Market Forces of Demand and Supply – Part 8

WEEK 1: Introduction to Economics and the Market Forces of Demand and Supply – E-tivity

WEEK 1: Introduction to Economics and the Market Forces of Demand and Supply – Quiz

WEEK 2: Elasticity and its Applications

WEEK 2: Elasticity and its Applications – Learning Objectives

WEEK 2: Elasticity and its Applications – Part 1

WEEK 2: Elasticity and its Applications – Part 2

WEEK 2: Elasticity and its Applications – Part 3

WEEK 2: Elasticity and its Applications – Part 4

WEEK 2: Elasticity and its Applications – Part 5

WEEK 2: Elasticity and its Applications – Part 6

WEEK 2: Elasticity and its Applications – Summary

WEEK 2: Elasticity and its Applications – E-tivity – Assessed 5%

WEEK 2: Elasticity and its Applications – Quiz

WEEK 3: Costs of Production and Profit Maximisation under Perfect Competition and Monopoly

WEEK 3: Costs of Production and Profit Maximisation under Perfect Competition and Monopoly – Learning Objectives

WEEK 3: Costs of Production and Profit Maximisation under Perfect Competition and Monopoly – Part 1

WEEK 3: Costs of Production and Profit Maximisation under Perfect Competition and Monopoly – Part 2

WEEK 3: Costs of Production and Profit Maximisation under Perfect Competition and Monopoly – The Law (or Principle) Of Diminishing Marginal Returns (or Productivity) Explained in One Minute

WEEK 3: Costs of Production and Profit Maximisation under Perfect Competition and Monopoly – Part 3

WEEK 3: Costs of Production and Profit Maximisation under Perfect Competition and Monopoly – Part 4

WEEK 3: Costs of Production and Profit Maximisation under Perfect Competition and Monopoly – Part 5

WEEK 3: Costs of Production and Profit Maximisation under Perfect Competition and Monopoly – Part 6

WEEK 3: Costs of Production and Profit Maximisation under Perfect Competition and Monopoly – E-tivity

WEEK 3: Costs of Production and Profit Maximisation under Perfect Competition and Monopoly – Quiz

WEEK 4: Measuring a Nation’s Income

WEEK 4: Measuring a Nation’s Income – Learning Objectives

WEEK 4: Measuring a Nation’s Income – Part 1

WEEK 4: Measuring a Nation’s Income – Part 2

WEEK 4: Measuring a Nation’s Income – Examples of accounting for GDP

WEEK 4: Measuring a Nation’s Income – Part 3

WEEK 4: Measuring a Nation’s Income – How To Find The GDP Deflator

WEEK 4: Measuring a Nation’s Income – Part 4

WEEK 4: Measuring a Nation’s Income – E-tivity

WEEK 4: Measuring a Nation’s Income – Quiz

WEEK 5: The Cost of Living and Unemployment

WEEK 5: The Cost of Living and Unemployment – Learning Objectives

WEEK 5: The Cost of Living and Unemployment – Part 1

WEEK 5: The Cost of Living and Unemployment – How the Consumer Price Index Measures Inflation

WEEK 5: The Cost of Living and Unemployment – Part 2

WEEK 5: The Cost of Living and Unemployment – Part 3

WEEK 5: The Cost of Living and Unemployment – Part 4

WEEK 5: The Cost of Living and Unemployment – Part 5

WEEK 5: The Cost of Living and Unemployment – What Is the Natural Rate of Unemployment

WEEK 5: The Cost of Living and Unemployment – Part 6

WEEK 5: The Cost of Living and Unemployment – Part 7

WEEK 5: The Cost of Living and Unemployment – E-tivity – Assessed 5%

WEEK 5: The Cost of Living and Unemployment – Quiz

WEEK 6: The Monetary System

WEEK 6: The Monetary System – Learning Objectives

WEEK 6: The Monetary System – Part 1

WEEK 6: The Monetary System – Part 2

WEEK 6: The Monetary System – E-tivity

WEEK 6: The Monetary System – Quiz

WEEK 7: The World of Financial Management

WEEK 7: The World of Financial Management – Learning Objectives

WEEK 7: The World of Financial Management – Introduction to Financial Management

WEEK 7: The World of Financial Management – Key elements of Financial Management

WEEK 7: The World of Financial Management – The Agency Relationship and Agency Problems

WEEK 7: The World of Financial Management – Corporate Governance and Financial Intermediaries

WEEK 7: The World of Financial Management – E-tivity

WEEK 7: The World of Financial Management – Quiz

WEEK 8: An Introduction to Project Appraisal Cashflow and Applications

WEEK 8: An Introduction to Project Appraisal Cashflow and Applications – Learning Objectives

WEEK 8: An Introduction to Project Appraisal Cashflow and Applications – Present value and annuity tables

WEEK 8: An Introduction to Project Appraisal Cashflow and Applications – Part 1 – Introduction to Investment Appraisal

WEEK 8: An Introduction to Project Appraisal Cashflow and Applications – Part 2 – Conventional Methods of Investment Appraisal

WEEK 8: An Introduction to Project Appraisal Cashflow and Applications – Exercise 1

WEEK 8: An Introduction to Project Appraisal Cashflow and Applications – Part 3 – DCF Methods – NPV