Mar 29, 2024  
2022-2023 Undergraduate & Graduate Catalog 
    
2022-2023 Undergraduate & Graduate Catalog [ARCHIVED CATALOG]

ECON 601 - Business Economics


3 Hour(s) Credit
Introduces the fundamentals of microeconomic and macroeconomic theory and their application to the business environment. The key objective is to equip student with the basic skills, insights and decision-making tools that are necessary to make sound business decisions. In addition, understand and explain the forces that shape the external business environment, such as aggregate demand, economic fluctuations, inflation, interest rates, exchange rates, and the role that demand management policies play in the economy and their impact on firm performance. Topical areas include, but are not limited to, the following: demand analysis, determination of costs, pricing, profitability, commercial (trade) policy and international macroeconomic policy.
Six hours per week for half a semester.
Prerequisites Admission to the M.B.A. program and ECON 211 , ECON 212  or ECON 150  (or the equivalent) foundation courses with a grade of C or better.