MBA 7035 Economics for Manager
Credit Hours 3.0
Prerequisites None
Requirements CSP: 1,2,6, 7
Description

This course uses basic macroeconomic concepts to develop a basic model of the macroeconomy emphasizing real world data and relationships. The goal is for managers to understand the main forces and trends in the economy, how they are interrelated, and how policymakers try to affect them. Because changes in the macroeconomy affect industries and firms throughout the economy, it is important for managers to understand how these changes can affect managerial decisions, particularly in terms of the concepts discussed in the context of microeconomics. The performance of the economy is presented in the context of industries and firms studied in microeconomics.