| Course ID: | ECON 7900. 1-3 hours. |
| Course Title: | Survey of Business Economics |
Course
Description: | Survey course for MBA students. Scarcity, opportunity cost,
marginal analysis, structure and performance of firms, and the
macroeconomic environment within which firms operate, with
emphasis on problems faced by managers. |
| Oasis Title: | BUSINESS ECONOMICS |
| Prerequisite: | Permission of department |
Semester Course
Offered: | Offered every year. |
| Grading System: | A-F (Traditional) |
|
| Course Objectives: | Upon course completion, students will have a fundamental
understanding of the basic economic concepts of scarcity,
opportunity costs and incentives, and how these ideas can assist
in the management of a firm. Students will also understand the
macroeconomic environment in which firms operate, and how
macroeconomic policies can affect managers' decisions. |
| Topical Outline: | Potential topics
1. The economic way of thinking
2. The structure and size of firms
3. Financing the firm
4. Measuring macroeconomic variables
5. Economic growth
6. Unemployment and aggregate demand
7. Aggregate supply
8. Banking, monetary policy and interest rates
9. Fiscal policy
10. Trade and exchange rates |