Courses
Economics
The number of credit hours given to a course is indicated in parentheses following the course title.
The abbreviation "P" refers to course prerequisites; the abbreviation "C" refers to course co-requisites.
- BUS-G 511 Microeconomics for Managers (1.5 cr.) P: G502 Managerial Economics. This course develops basic skills in analysis of industry and market structure, employment of game theory in the construction of competitive strategy, and determination of optimal prices for the sale of goods and services. Specific topics include oligopoly, antitrust regulation, price discrimination, product bundling, and predatory pricing. Students will gain advanced knowledge of how to use prices and market position to maintain an advantage over competitors that maximizes profits.
- BUS-G 512 Macroeconomics for Managers (1.5 cr.) An integrated curriculum that teaches students how to take inventory of the nation's economic position, understand the impact of government actors, and forecast political and economic variables important to the firm. Specific topics covered include national income accounting, determination of GDP and inflation, measurement of unemployment, impacts of fiscal and monetary policies, movement and term structure of interest rates, consequences of government debt, and exchange rates and their linkage to the balance of payments. Students leave the course with a fundamental understanding of the national assets that expand production capacity and national liabilities that stunt opportunity for economic growth.