UNIVERSITY OF GREENWICH 
ECON1201: Economics for Responsible Business 
Comprehensive Study and Exam Preparation Guide 2025 
 
Part 01: Revision Notes 
Part 02: Sample Final Examination Paper 
Part 03: Detailed Solutions and Explanations 
Part 04: Proven Exam Strategies and Tips 
 
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University of Greenwich - ECON1201: Economics for Responsible Business

£25.00

ACADEMIC YEAR 2024 - 2025

University	University of Greenwich
Module Code	ECON1201
Level	4
Credits	15
Module Title	Economics for Responsible Business
Notes Title	Comprehensive Study and Exam Prep. Guide
Page Length	122

This guide provides you with an excellent opportunity to familiarise yourself with the content and format of the updated final exam for ECON1201: Economics for Responsible Business at the University of Greenwich in 2025. It also offers a chance to practise useful exam techniques. The guide focuses on core exam questions and includes clear, simple diagrams that facilitate understanding and recall during the real exam. Thoroughly updated, this self-study set covers all topics included in the latest edition of the module, ensuring students are fully prepared to tackle the final examination with confidence.

The module will provide students with a basic understanding of economic principles and their application in the context of responsible business practices. The module will provide students with an introduction to both micro- and macro-economics. These basic introductory concepts will allow students to understand how the global economy functions and how it impacts business decisions.

Indicative Content:

Market forces of supply and demand (demand & supply curves, equilibrium, and elasticities).
The Firm and Industry Organization (business environment, market structures, production costs analysis, economies of scale, productivity).
The Economics of the Environment. Analysis of market failures and potential solutions through a lens of responsible business practices.
Aggregate Output, Prices, and Economic Growth (circular flow of income model / Keynesian approach).
Introduction to Fiscal and Monetary policies, assessment of policy interventions (government and the firm, macroeconomic environment).
Understanding Business Cycles and its impact on Business decisions.

MODULE CODE	MODULE TITLE
ACCO1083	Introduction to Financial Accounting
ACCO1095	Management Accounting
ACCO1124	Financial Accounting
ACCO1158	Quantitative Methods
BUSI1706	Introduction to Business Finance
ECON1006	Introduction to Economics for Business
ECON1008	Macroeconomics I
ECON1009	Microeconomics I
ECON1142	Quantitative Methods and Econometrics
ECON1143	Advanced Econometrics
ECON1145	Principles of Investment
ECON1176	Statistics for Economics and Finance
FINA1027	Finance
FINA1104	Financial Markets, Instruments and Institutions
FINA1126	Introduction to Finance and Economics
FINA1129	Corporate Financial Management
FINA1142	Introduction to Financial Management
MARK1107	Principles and Practice of Marketing

University of Greenwich - ECON1201: Economics for Responsible Business

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