Micro-Credential in Business Economics
Programme Overview
The course offered by Lincoln University College (LUC) is focused to have developed the self-reflective mindset, the analytic mindset, the collaborative mindset, the worldly mindset and the action mindset. The course is designed for working class adults whose careers and management responsibilities transcend a single functional specialty and require a broad array of specialized knowledge and skills on Business Economics. The emphasis of this applied program is on the significant Business Economics processes that take place in the context of large public or private organisations. This course will expose the students to the sensitive and intricate issues related to economics, to help them to conduct businesses in an efficient manner. This course also includes a broad number of connected fields which will play a major role in managing their organizations effectively.
Learning Outcomes
On completion of the course participants should be able to:
- Explain the fundamentals of micro and macroeconomic theory and practice from their perspectives.
- Apply theories and concepts in the decision making process for selecting target market in global context as an assignment.
- Analyze economic issues through case study, for managerial decision required for global context using valid resources and reputed journals.
- Prepare a presentation on economic report in professional manner.
Course Progression
Credits from this Micro-Credential Programme are transferable to the following full academic programme:
- Master of Business Administration (MBA)
Assessments
- Coursework 80%
- Final Examination 20%
Study Plan for Micro-Credential in Business Economics
Week 1
| Introduction
Supply and Demand I How Markets Work
| Management Seminar Session Simulations
|
Week 2
| Supply and Demand II Markets and Welfare
| Management Seminar Session Case Studies
|
Week 3
| Firm Behavior and The Organization of Industry
The Economics of Labor Markets
| Management Seminar Session Group Discussions
|
Week 4
| Advanced Topic The Theory of Consumer Choice. Introduction to Macroeconomics
| Management Seminar Session Group Discussions
|
Week 5
| Measuring National Income
| Management Seminar Session Presentations Simulations |
Week 6
| Monetary Economics
Public Finance
| Management Seminar Session Case Studies
|
Week 7
| Inflation and Unemployment
International Economics
| Submission of Assignments |
Week 8
| Final Examination | Conclusion Session Awarding of Certificates Presentation by VC or Representative of VC
|
Why Micro-Credential in Lincoln University College (LUC), Malaysia?
Micro-credentials in Lincoln University College (LUC), Malaysia offer a flexible, targeted, and accelerated pathway of acquiring industry-relevant skills that meet the demands of today’s evolving job market. Designed for students, professionals, and individuals seeking to upskill or reskill, credentials offer learning experiences and formally recognized certifications, with enhanced employability, and serving as stepping stones to higher qualifications. LUC’s micro-credential programs are supported by strong academic frameworks and offer clear progression pathways into full-fledged degree programs. After completing this Micro-credential course, professionals can use their updated skills to apply for promotions or switch to a different job role.