Catalog 2011 - 2012

ECO 500 Foundational Economics for Managers

For graduate students only. This is an introductory course in macro- and microeconomics for graduate business students. It studies inflation, unemployment and growth. It develops the theory of how markets work, with special attention to how prices are set in different market structures. Topics include opportunity cost; comparative advantage; supply, demand and prices; elasticity; production and cost; aggregate demand and aggregate supply; monetary and fiscal policy; and trade and exchange rates.

Credits

4

Offered

fall and spring semesters