This course undertakes an examination of Business economics  or simply managerial economics and business forecasting, the main objectives are:

1. Understand the relative importance of Business economics and Business forecasting;

2. Know how the application of the principles of Business economics and Business forecasting can aid in the achievement of business objectives in the decision-making process;

3.  Understand the modern Business economics and Business  forecasting rules and optimization techniques;

4. Be equipped with tools necessary in the analysis of consumer behaviors, as well as in forecasting product demand;

5.  Be equipped with the tools for analyzing production and costs;

6. Be equipped with different techniques of demand forecasting