[major=BBA_HM | course_id=ECO102 | syllabus_id=12815 | semester=3 | combo=core | title=Business Environment]
Course ID: ECO102
Title EN: Business Environment
Title VI: Môi trường kinh doanh
Credits: 3.0
Prerequisites: 
Description: Objective:
The main Objective of The course is to improve economic literacy as well as critical thinking and problem solving skills to explain and predict economic issues
-Description:
Economics is The study of how The society manages its scarce resources. Economics has been divided into The subcategories of microeconomics and macroeconomics. While macroeconomics studies aggregate issues related to national and international economic activities, this course - microeconomics - focuses on The behavior of individual economic agents. microeconomics studies how households (or individuals), business (or firms, enterprises) and The government make decisions, given scarcity of resources. It also studies The interactions among those market members and how these interactions have impacts on their economic benefits and The economy. Because most of these activities occur in The markets, this course also focuses on how The markets work.
Student tasks: + Class attendance is strongly encouraged. Attend at least 80% of class hours in order to be accepted to the final examination
+ Read textbooks and other materials in advance before class
+ Access the course website (http://flm.fpt.edu.vn) for up-to-date information and materials of the course, for online supports from teachers and other students, and for practicing and assessment.
+ Actively participate in class activities
+ Complete all homework assignments and other tasks given by the instructor
+ Use personal laptop in class only for learning purposes
+ Don’t have private conversations or arrive at class late, which can disrupt the learning environment of the class
Tools: Internet
Course type: traditional
Decision: 437/QĐ-ĐHFPT dated 04/25/2025
Approved date: 2025-04-25
CLO1: Discuss the theory of supply and demand
[1] category=Class participation; type=on-going; weight=10.0; duration=; question_type=CLO 10,11; grading_guide=; completion_criteria=; clos=>0
[2] category=Group assignment; type=on-going; weight=30.0; duration=30 min; question_type=CLO 1,2,3,4,5,6,7,8,9,10,11; grading_guide=Follow the instructor's guide; completion_criteria=; clos=>0
[3] category=Individual assignment; type=on-going; weight=20.0; duration=3-4 days; question_type=CLO 1,2,3,4,5,6,7,8,9,10,11; grading_guide=Individual Assignment 1 covers chapters 1 to 6; Individual Assignment 2 covers chapters 7 to 12; completion_criteria=; clos=>0
[4] category=Quiz; type=on-going; weight=10.0; duration=30-45 min; question_type=CLO 1,2,3,4,5,6,7,8,9; grading_guide=Quiz 1 covers chapters 1 to 4; Quiz 2 covers chapters 5 to 8; completion_criteria=; clos=>0
[5] category=Final Exam; type=Final exam; weight=30.0; duration=60 min; question_type=CLO 1,2,3,4,5,6,7,8,9; grading_guide=all chapters; completion_criteria=; clos=4
[1] desc=AE Principles of Economics; author=N. Gregory Mankiw; publisher=Cengage; edition=9th; isbn=SBN-13: 9789814915342 | ISBN-10: 9814915343; main=True; online=; note=Chọn một trong 3 quyển. Ưu tiên mua version mới nhất.
[2] desc=Principles of Economics (International Edition); author=Mankiw, N. G.,; publisher=South-Western CENGAGE Learning; edition=8th; isbn=; main=True; online=; note=
[3] desc=Principles of Economics (International Edition); author=Mankiw, N. G.,; publisher=South-Western CENGAGE Learning; edition=6th; isbn=ISBN13 978-0-538-45342-4; main=True; online=; note=
[4] desc=Principles of Microeconomics (International Edition); author=Mankiw, N. G.; publisher=South-Western Cengage Learning; edition=5th; isbn=; main=; online=; note=Sách nguồn mở
Session 1: Chapter 1: Principles of Demand and Supply: Definition of market
Topic: Offline; Teaching type: 1,4,10; LO: I, T
ITU: slide and textbook
Materials: ECO102_slide theo sylla from SU25_Chap 1-4
Download: https://flm.fpt.edu.vn/gui/role/student/read relevant slides/textbook section before class

Session 2: Chapter 1: Principles of Demand and Supply: Demand Curve
Topic: Offline; Teaching type: 1,4,10; LO: T, U
ITU: slide and textbook
Materials: ECO102_slide theo sylla from SU25_Chap 5 to 8
Download: https://flm.fpt.edu.vn/gui/role/student/read relevant slides/textbook section before class

Session 3: Chapter 1: Principles of Demand and Supply: Supply Curve
Topic: Offline; Teaching type: 1,4,10; LO: T, U
ITU: slide and textbook
Materials: ECO102_slide theo sylla fromSU25_chap 9 to 12
Download: https://flm.fpt.edu.vn/gui/role/student/read relevant slides/textbook section before class

Session 4: Chapter 1: Demand curve: Factors affecting Demand Curve
Topic: Offline; Teaching type: 1,4,6,10; LO: T, U
ITU: slide and textbook
Download: review previous section; read relevant materials for the current section
CLO10: Show self-reliance when working independently and collaboratively.
Session 1: Chapter 1: Principles of Demand and Supply: Factors affecting Supply Curve
Practice
Topic: Offline; Teaching type: 1,4,6,10; LO: T, U
ITU: slide and textbook
Download: review previous section; read relevant materials for the current section

Session 2: Chapter 2: Price elasticity of Demand: Definition and formula
Topic: Offline; Teaching type: 1,4,5,6,10; LO: T, U
ITU: slide and textbook
Download: review previous section; read relevant materials for the current section

Session 3: Chapter 2: Factors affecting price elasticity of demand
Topic: Offline; Teaching type: 1,4,5,6,10; LO: T, U
ITU: slide and textbook
Download: review previous section; read relevant materials for the current section

Session 4: Chapter 2: Implication of price elasticity of demand
Topic: Offline; Teaching type: 1,4,5,6,10; LO: T, U
ITU: slide and textbook
Download: review previous section; read relevant materials for the current section
CLO11: Demonstrate ethical awareness and reflection in business context.
Session 1: Chapter 2: Price elasticity of Supply
Topic: Offline; Teaching type: 1,4,5,6,10; LO: T, U
ITU: slide and textbook
Download: review previous section; read relevant materials for the current section

Session 2: Chapter 3: Price ceiling/ Price floor
Topic: Offline; Teaching type: 1,4,5,6,9,10; LO: T, U
ITU: slide and textbook
Download: review previous section; read relevant materials for the current section

Session 3: Chapter 3: Tax
Topic: Offline; Teaching type: 1,4,5,6,9,10; LO: T, U
ITU: slide and textbook
Download: review previous section; read relevant materials for the current section

Session 4: Chapter 3: Market efficiency
Topic: Offline; Teaching type: 1,4,5,6,9,10; LO: T, U
ITU: slide and textbook
Download: review previous section; read relevant materials for the current section
CLO2: Recognize the influences of market equilibrium and disequilibrium
Session 1: Chapter 3: Consumer surplus, Producer Surplus, Total surplus
Topic: Offline; Teaching type: 1,4,5,6,9,10; LO: T, U
ITU: slide and textbook
Download: review previous section; read relevant materials for the current section

Session 2: Chapter 3: Deadweightloss
Topic: Offline; Teaching type: 1,4,5,6,9,10; LO: T, U
ITU: slide and textbook
Download: review previous section; read relevant materials for the current section

Session 3: Chapter 4: Budget constraint
Topic: Offline; Teaching type: 1,4,5,6,10; LO: T, U
ITU: slide and textbook
Download: review previous section; read relevant materials for the current section

Session 4: Chapter 4: Indifference curve
Topic: Offline; Teaching type: 1,4,5,6,10; LO: T, U
ITU: slide and textbook
Download: review previous section; read relevant materials for the current section
CLO3: Describe the theory of supply and demand in real-life scenarios
Session 1: Chapter 4: Optimal Bundle
Topic: Offline; Teaching type: 1,4,5,6,10; LO: T, U
ITU: slide and textbook
Download: review previous section; read relevant materials for the current section

Session 2: Practice
Topic: Offline; Teaching type: 1,2,5,10; LO: U
ITU: slide; extra practice questions if any
Download: do practice questions in advance (if any)

Session 3: Quiz 1
Topic: Offline; Teaching type: ; LO: U
ITU: slide and textbook
Download: review 4 relevant chapters before the quiz date

Session 4: Handout of Individual Assignment 1 (chapters 1- 6)
Chapter 5. Producer decision: production cost
Topic: Offline; Teaching type: CLO 5; LO: U
ITU: slide and textbook
Download: review previous section; read relevant materials for the current section
CLO4: Identify the tools and strategies to understand supply and demand applications
Session 1: Chapter 5: Marginal product of labor, catchup effect, FC, VC, TC
Topic: Offline; Teaching type: 5,6,8; LO: T, U
ITU: slide and textbook
Download: review previous section; read relevant materials for the current section

Session 2: Chapter 5: AFC, AVC, ATC. Practice
Topic: Offline; Teaching type: 5; LO: U
ITU: slide and textbook
Download: review previous section; read relevant materials for the current section

Session 3: Practice
Topic: Offline; Teaching type: 5,10; LO: slide and textbook
ITU: slide and textbook
Download: do practice questions in advance (if any)

Session 4: Chapter 6. Producer decision: Competition
① Profit maximization, 2: market structure; 3: perfect vs imperfect competition
Topic: Offline; Teaching type: 1,2,5; LO: T, U
ITU: slide and textbook
Download: review previous section; read relevant materials for the current section
CLO5: Understand consumer and producer behavior
Session 1: Perfect competition
Topic: Offline; Teaching type: 1,2,5; LO: T, U
ITU: slide and textbook
Download: review previous section; read relevant materials for the current section

Session 2: Imperfect competition: Monopolistic competition
Topic: Offline; Teaching type: 1,2,5; LO: T, U
ITU: slide and textbook
Download: review previous section; read relevant materials for the current section

Session 3: Imperfect competition: Oligopoly
Topic: Offline; Teaching type: 1,2,5; LO: T, U
ITU: slide and textbook
Download: review previous section; read relevant materials for the current section

Session 4: Chapter 7. Measuring National Income; 1:Economic income and expenditure, 2: GDP definition and measurement
Topic: Offline; Teaching type: 6; LO: T, U
ITU: slide and textbook
Download: review previous section; read relevant materials for the current section
CLO6: Understand macroeconomic variables
Session 1: Components of GDP
Topic: Offline; Teaching type: 6; LO: T, U
ITU: slide and textbook
Download: review previous section; read relevant materials for the current section

Session 2: Practice
Topic: Offline; Teaching type: 6,10, 11; LO: U
ITU: slide and textbook
Download: do practice questions in advance (if any)

Session 3: Chapter 8. Inflation and Unemployment, ① Consumer price index (CPI), "- How the consumer price index is calculated
- Inflation rate
Topic: Offline; Teaching type: 6,8; LO: T, U
ITU: slide and textbook
Download: review previous section; read relevant materials for the current section

Session 4: ② Correction of economic variables for the effect of inflation; - Dollar figures from different times', '- Fisher effect: real interest rate and nominal interest rate
Topic: Offline; Teaching type: 6; LO: T, U
ITU: slide and textbook
Download: review previous section; read relevant materials for the current section
CLO7: Analyze the influences of aggregate demand and aggregate supply
Session 1: ③ Unemployment rate
'- Working-age population and labor force
- Measuring unemployment rate
Topic: Offline; Teaching type: 6; LO: T, U
ITU: slide and textbook
Download: review previous section; read relevant materials for the current section

Session 2: Submission of Individual Assignment 1
Practice
Topic: Offline; Teaching type: CLO 6,10, 11; LO: U
ITU: slide; extra practice questions if any
Download: review previous section; read relevant materials for the current section

Session 3: Quiz 2 (chapters 5, 6, 7, and 8)
Handout of Individual Assignment 2 (chapters 7-12)
Topic: Offline; Teaching type: CLO 5,6,10, 11; LO: U
ITU: slide and textbook
Download: review 4 relevant chapters before the quiz date

Session 4: Chapter 9: Financial system: interest rate, Saving and Investment; -          Financial market (bond, stock)/ financial intermediary
Topic: Offline; Teaching type: 3,4; LO: T, U
ITU: slide and textbook
Download: review previous section; read relevant materials for the current section
CLO8: Understand how the government policies affect individuals, firms, and society.
Session 1: `- Interest rate; -          Saving: supply curve
Topic: Offline; Teaching type: 4; LO: T, U
ITU: slide and textbook
Download: review previous section; read relevant materials for the current section

Session 2: `-   Investment: demand curve, saving investment equilibrium
Topic: Offline; Teaching type: 3; LO: T, U
ITU: slide and textbook
Download: review previous section; read relevant materials for the current section

Session 3: Chapter 10: Money Supply, Money Demand; -          Money Supply: Regulated by the Central Bank using OMO
Topic: Offline; Teaching type: 3,4,5,6,10,11; LO: T, U
ITU: slide and textbook
Download: review previous section; read relevant materials for the current section

Session 4: - Quantity theory: MV = PY
Topic: Offline; Teaching type: 3,4,5,6,10,11; LO: T, U
ITU: slide and textbook
Download: review previous section; read relevant materials for the current section
CLO9: Understand how the fiscal and monetary policies affect macroeconomy.
Session 1: Money Demand: Definition; Factors affecting Money Demand (Y,r, P), liquidity preference theory
Topic: Offline; Teaching type: 3,4,5,6,10,11; LO: 
ITU: slide and textbook
Download: review previous section; read relevant materials for the current section

Session 2: Practice
Topic: Offline; Teaching type: 3,4,5,6,10,11; LO: U
ITU: slide; extra practice questions if any
Download: do practice questions in advance (if any)

Session 3: Chapter 11: AD – AS
Topic: Offline; Teaching type: 3,4,5,6,10,11; LO: T, U
ITU: slide and textbook
Download: review previous section; read relevant materials for the current section

Session 4: -          AD curve. Why AD curve slopes downward
-          LRAS curve: Yn = A F(L, H, K, N)
Topic: Offline; Teaching type: 3,4,5,6,10,11; LO: T, U
ITU: slide and textbook
Download: review previous section; read relevant materials for the current section
Session 1: -          SRAS curve: sticky wage
-          General equilibrium
Topic: Offline; Teaching type: 3,4,5,6,10,11; LO: T, U
ITU: slide and textbook
Download: review previous section; read relevant materials for the current section

Session 2: -          Shocks to the equilibrium
Topic: Offline; Teaching type: 3,4,5,6,10,11; LO: T, U
ITU: slide and textbook
Download: review previous section; read relevant materials for the current section

Session 3: -          Return to equilibrium
-          Stagflation
Topic: Offline; Teaching type: 3,4,5,6,10,11; LO: T, U
ITU: slide and textbook
Download: review previous section; read relevant materials for the current section

Session 4: Chapter 12: Monetary and fiscal policy
Topic: Offline; Teaching type: 3,4,5,6,10,11; LO: T, U
ITU: slide and textbook
Download: review previous section; read relevant materials for the current section
Session 1: -          Expansionary/contractionary monetary policy
Topic: Offline; Teaching type: 3,4,5,6,10,11; LO: T, U
ITU: slide and textbook
Download: review previous section; read relevant materials for the current section

Session 2: Expansionary/contractionary fiscal policy: multiplier/crowding out effect
Topic: Offline; Teaching type: 3,4,5,6,10,11; LO: T, U
ITU: slide and textbook
Download: review previous section; read relevant materials for the current section

Session 3: Practice
Submission of Individual Assignment 2
Topic: Offline; Teaching type: CLO 1,2,3,4,5,6,7,8,9,10,11; LO: U
ITU: slide; extra practice questions if any
Download: do practice questions in advance (if any)

Session 4: Practice
Topic: Offline; Teaching type: CLO 1,2,3,4,5,6,7,8,9,10,11; LO: U
ITU: slide; extra practice questions if any
Download: do practice questions in advance (if any)
Session 1: Practice
Topic: Offline; Teaching type: CLO 1,2,3,4,5,6,7,8,9,10,11; LO: U
ITU: slide; extra practice questions if any
Download: do practice questions in advance (if any)

Session 2: Practice
Topic: Offline; Teaching type: CLO 1,2,3,4,5,6,7,8,9,10,11; LO: U
ITU: slide; extra practice questions if any
Download: do practice questions in advance (if any)

Session 3: Group Presentation
Topic: Offline; Teaching type: CLO 1,2,3,4,5,6,7,8,9,10,11; LO: U
ITU: 
Download: present or listen to other groups presenting

Session 4: Group Presentation
Topic: Offline; Teaching type: 1,2,3,4,5,6,7,8,9,10,11; LO: U
ITU: 
Download: present or listen to other groups presenting
Session 1: Group Presentation
Topic: Offline; Teaching type: 1,2,3,4,5,6,7,8,9,10,11; LO: U
ITU: 
Download: present or listen to other groups presenting

Session 2: Group Presentation
Topic: Offline; Teaching type: 1,2,3,4,5,6,7,8,9,10,11; LO: U
ITU: 
Download: present or listen to other groups presenting

Session 3: Group Presentation
Topic: Offline; Teaching type: 1,2,3,4,5,6,7,8,9,10,11; LO: U
ITU: 
Download: present or listen to other groups presenting

Session 4: Course Review
Topic: Offline; Teaching type: 1,2,3,4,5,6,7,8,9,10,11; LO: U
ITU: