Dec 30, 2024  
2020-2021 Graduate Catalog 
    
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2020-2021 Graduate Catalog [ARCHIVED CATALOG]

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BUSE 6374 - Microeconomics/Macroeconomics

Credits: 3

The first half of the course examines the basic principles behind the operating and pricing decisions of firms in a market economy. Methods of marginal analysis and optimization are applied as a guide to the business decision-making process. Topics include supply, demand, and market equilibrium; competition; industrial concentration; government regulation; optimal pricing strategies; and economic efficiency. The second half of the course focuses on things such as real output, inflation rates, employment, and interest rates and helps students better understand the macroeconomic environment influencing business. Students learn how to interpret macroeconomic indices and explore models that attempt to formulate a unified framework for understanding the macroeconomy. Special attention is given to international economics and current macroeconomic events. Prerequisite: Enrollment in Online M.B.A. program.


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