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Marketing and Economics Assignment Help
Marketing and economics are two fields that have a huge correlation between each other. Marketing is concerned with the introduction, selling and management of product lines in an economic environment while economics is concerned with how business activities, of which marketing is a part, affect and influence economic situations. Needless to say that the domains of these two often intersperse and overlap and so many institutions of higher education in the leading hubs of the world like UK, USA, Australia, Canada etc. are offering combined courses in economics and marketing. Clearly, the domain of study for such a course will be massive and therefore, all educational institutions integrate the most effective and relevant themes, concepts and principles from these two domains within their curriculum. Students of this course usually study topics like computing for business and finance; economic principles and skills; mathematics for economics and finance; marketing principles; financial management; statistics for economists; the business environment; intermediate microeconomics: consumers and producers; macroeconomic behaviour and systems; econometrics; marketing management; marketing research; marketing
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strategy game; marketing communications; business strategy; marketing case studies; oligopoly and introduction to game theory; uncertainty and asymmetric information and topics in macroeconomics; marketing; business; management; economics; finance and accounting.
The undergraduate program in economics and marketing offered at most education institutions follow a like pattern. The possible topics and progression of study that may be undertaken by a student of this course is:
First Year
In the first year, students are familiarized with the ground rules and methods of study. They are introduced to recent trends and concerns of the field. This gives them an understanding of the practical side of their study. Most such courses are oriented towards employability exposure to practical aspects of their field is a real help for students.
Second and Third Year
In the second and third years, students begin applying skills acquired in the first year towards assessing economic conditions and performances in actual or simulated environments. They are also exposed to intricacies of probability and prediction, and the problems of uncertainty; marketing combines the discipline of sound research with the creativity of aural, visual and verbal expression, and with technical expertise in using the most up-to-date modern media; it is crucial to the functioning of modern economic societies, promoting products within the context of a sound understanding of the ethics of truthfulness and faithful representation.
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