Economic analysis is applied to managerial decisions. Techniques for analyzing and estimating revenue, cost, and profit are studied, along with pricing and profit-maximizing strategies within different market structures.
3 credit hours
Theoretical foundations covered in Economics 214 are expanded upon. Myriad applications of that theory are developed, using graphical and mathematical techniques. The role of microeconomics in managerial decision making is explored.
3 credit hours
Macroeconomic models are used to analyze economic growth, unemployment, and inflation. Also examined are the effectiveness of fiscal and monetary policies, using models depicting the interactions of product, resource, and financial markets.
3 credit hours
The student selects a topic and undertakes concentrated research under the supervision of a faculty advisor.
3 credit hours
Concepts of financial management are introduced. Topics include the financial environment of firms, the time value of money, risk and return, techniques of capital budgeting, cost of capital, and capital structure. Lecture and laboratory. (Formerly Finance 430.)
3 credit hours