This course presents fundamental concepts of micro- and macroeconomics and helps students integrate these ideas into their work in the hospitality industry. Students study the laws of supply and demand, consumer decision-making, producer profit maximization, competition and monopoly regulation. Use of fiscal, monetary and exchange rate policy to influence unemployment, inflation and economic growth are also presented.
This course is part of the full-time Hospitality Management Diploma Program
Course code: HOSP 1960
Credits: 3.0
Tuition: $0*
Length: 45.0 hours
Course outline:
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https://www.vcc.ca/vccphp/courseoutline?subject=HOSP&number=1960
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Schedule †
Course dates and times may vary throughout the term. Select the CRN number below to see a full schedule.
| CRN # | Dates |
Day/Time/Location |
| 70040 | September 7, 2022
to December 14, 2022 | See full schedule
Delivery: In Person
Location: VCC Downtown Campus |
| 70045 | September 7, 2022
to December 14, 2022 | See full schedule
Delivery: In Person
Location: VCC Downtown Campus |
| 74077 | September 7, 2022
to December 15, 2022 | See full schedule
Delivery: In Person
Location: VCC Downtown Campus |
| 74056 | September 8, 2022
to December 15, 2022 | See full schedule
Delivery: In Person
Location: VCC Downtown Campus |
| 47568 | January 3, 2023
to April 21, 2023 | See full schedule
Delivery: In Person
Location: VCC Downtown Campus |
| 47573 | January 3, 2023
to April 21, 2023 | See full schedule
Delivery: In Person
Location: VCC Downtown Campus |
| 47578 | January 3, 2023
to April 21, 2023 | See full schedule
Delivery: In Person
Location: VCC Downtown Campus |
| 47583 | January 3, 2023
to April 21, 2023 | See full schedule
Delivery: In Person
Location: VCC Downtown Campus |
| 70052 | September 5, 2023
to December 15, 2023 | See full schedule
Delivery: In Person
Location: VCC Downtown Campus |
| 70057 | September 5, 2023
to December 15, 2023 | See full schedule
Delivery: In Person
Location: VCC Downtown Campus |
| 70080 | September 5, 2023
to December 15, 2023 | See full schedule
Delivery: In Person
Location: VCC Downtown Campus |
| 75620 | September 5, 2023
to December 15, 2023 | See full schedule
Delivery: In Person
Location: VCC Downtown Campus |
Additional Information
- Fundamental concepts of economics
- Market equilibrium and disequlibrium
- Predictors of income
- Fiscal and monetary policy
- Inflation
- Unemployment
- Balance of payments
- Economic growth
Prior learning assessment and recognition (PLAR)
To learn more about the PLAR pathways for this course review the Hospitality Management Diploma Program Content Guide.
How do I apply for this course?
This course is offered as part of a VCC program only.
* Fees are approximate and subject to change. Students are required to pay any applicable fee increases. Fees listed are for domestic students. For international programs, visit VCC International.
† 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.
