Unit 1: The Context of Business
This unit covers the basic concepts that give context to a business. We explore economic and historical information governments use to make decisions, which provides a foundation for future decision-making. You will learn about productivity, the business cycle, the impact of business on society, economic trends and policies, and elements of global business. We will examine the financial meltdown of 2008, including the government bailout of AIG and General Motors, and the collapse of Lehman Brothers, which provide teachable moments in economic policy and business cycles.
Completing this unit should take you approximately 15 hours.
1.1: Business Basics
1.2: Productivity and the Business Cycle
1.3: Economic Indicators as Components of Economic Stability
1.4: Components of Economic Policy
1.5: Doing Business Globally
Unit 1 Assessment
- Receive a grade