Title: Module Introduction: (CU2 M1) Economics
Course: SkillsCom BA 101 16.0 > Section: Credit Unit 2 Module 1

Now that all these introductions are out of the way, you should have a good sense of how things will be working. So let's get down to business! No pun intended (well, maybe a little). Watch this video to get an idea of what we'll be covering in this first Module. Don't worry about remembering it all now, it will come up again in greater detail as we continue along.

Module Outcomes:

- Define commonly used business and economics terminology.
- Describe the functional areas of any business organization.
- Explain revenues, expenses, and how profit is derived.
- Differentiate between objectives, strategies, tactics, and operations.
- Describe the components of a business plan.
- Prepare a basic business plan.
- Explain the importance of ethics in business.