ECO309 Economics of Entrepreunership

Entrepreneurs are increasingly being recognised as agents who play a crucial role in the process of development and change. There is a need for a deeper understanding of what it takes to be an entrepreneur and the changing nature of entrepreneurship in contributing to knowledge and innovation in any economy. This undergraduate unit examines a number of theoretical explanations as to why individuals become entrepreneurs and considers the implications of these in the context of the theory of the firm as well as in the general economy. The unit investigates the role of the entrepreneurship in development and sustainability. The unit is designed to provide students an understanding of the theoretical aspects pertaining to the concept of entrepreneurship, its measures and determinants so that they have the necessary skills to operate in a global environment embracing innovation and change.
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