Course meeting times will be determined individually by the student and professor.
This MBA prerequisite course presents the basic principles of micro and macro economic analysis. Micro Economics demonstrates how these principles can be used to explain and predict the operation of individual businesses/firms in a modern market economy. It includes concepts of supply-demand dynamics, pricing elasticity, marginal utility, revenues and costs. Macro Economics addresses the aggregate national economic activity and data and includes explanations of GDP, current accounts, inflation, unemployment, interest rate determinations, poverty measurement tools, fiscal and monetary policy, money supply and banking systems.
