Global Business Decisions

Course code HOSP 2113

Credit 3.0

Length 45.0 hours

Course outline View

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.

Prerequisites

Missing prerequisites?

Learn more about VCC's academic upgrading or English as a Second Language (ESL) courses, or discover which university transfer options are right for you.

What you will learn

  • 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

How to register

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

Course schedules

Select your program to see the available course schedules.

CRN# Duration Delivery Location
41925 January 5, 2026
to April 21, 2026
Lecture
Lab
VCC Downtown Campus See full schedule

Online courses listed without scheduled meeting times can be completed on your own schedule.

CRN# Duration Delivery Location
41929 January 5, 2026
to April 21, 2026
Lab
Lecture
VCC Downtown Campus See full schedule

Online courses listed without scheduled meeting times can be completed on your own schedule.

CRN# Duration Delivery Location
41932 January 5, 2026
to April 21, 2026
Lab
Lecture
VCC Downtown Campus See full schedule

Online courses listed without scheduled meeting times can be completed on your own schedule.

CRN# Duration Delivery Location
41936 January 5, 2026
to April 21, 2026
Lab
Lecture
VCC Downtown Campus See full schedule

Online courses listed without scheduled meeting times can be completed on your own schedule.

CRN# Duration Delivery Location
41940 January 5, 2026
to April 21, 2026
Lab
Lecture
VCC Downtown Campus See full schedule

Online courses listed without scheduled meeting times can be completed on your own schedule.

CRN# Duration Delivery Location
70089 September 1, 2026
to December 16, 2026
Lecture VCC Downtown Campus See full schedule

Online courses listed without scheduled meeting times can be completed on your own schedule.

CRN# Duration Delivery Location
70093 September 1, 2026
to December 11, 2026
Lecture VCC Downtown Campus See full schedule

Online courses listed without scheduled meeting times can be completed on your own schedule.

CRN# Duration Delivery Location
70097 September 1, 2026
to December 11, 2026
Lecture VCC Downtown Campus See full schedule

Online courses listed without scheduled meeting times can be completed on your own schedule.

CRN# Duration Delivery Location
72368 September 8, 2026
to December 18, 2026
Lecture VCC Downtown Campus See full schedule

Online courses listed without scheduled meeting times can be completed on your own schedule.

CRN# Duration Delivery Location
72369 September 8, 2026
to December 18, 2026
Lecture VCC Downtown Campus See full schedule

Online courses listed without scheduled meeting times can be completed on your own schedule.

CRN# Duration Delivery Location
43135 January 5, 2026
to April 17, 2026
Lecture VCC Downtown Campus See full schedule

Online courses listed without scheduled meeting times can be completed on your own schedule.

Contact us

If you have any question, please email at advising@vcc.ca.

Additional information

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

† 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.

Indigenous Territory Acknowledgment

VCC is located on the traditional territories of the xʷməθkʷəy̓əm (Musqueam), Sḵwx̱wú7mesh (Squamish), and səlilwətaɬ (Tsleil-Waututh) peoples, and we acknowledge our privilege to be here.