Student develop an understanding of the fundamental tools of economic analysis that are essential for understanding managerial decision-making. Microeconomic topics include demand and supply, elasticities, production and cost analysis in the short-run and long-run, market structures and pricing strategies. Macroeconomic topics include an examination of indicators, such as GDP, economic growth, interest rates, unemployment rates, and inflation, and an overview of fiscal and monetary policies. Prerequisite: Admission to the GDBA or MBA or approval of degree committee. Note: Students cannot get credit for more than one of BUSN 5040, BUSN 5041, GBUS 5050-Global Economics.
Student develop an understanding of the fundamental tools of economic analysis that are essential for understanding managerial decision-making. Microeconomic topics include demand and supply, elasticities, production and cost analysis in the short-run and long-run, market structures and pricing strategies. Macroeconomic topics include an examination of indicators, such as GDP, economic growth, interest rates, unemployment rates, and inflation, and an overview of fiscal and monetary policies. Prerequisite: Admission to the GDBA or MBA or approval of degree committee. Note: Students cannot get credit for more than one of BUSN 5040, BUSN 5041, GBUS 5050-Global Economics.
