ECON - Economics

Prerequisites: MGMT 6101 and 3 hrs college-level economics. The development of skill in the systematic analysis of the economic aspects of business decisions and in the development, understanding, and use of quantitative data bearing on the performance of the business firm as a whole and of individual units within the firm.

This course meets special needs of students and/or the community. Approval of the graduate director is required prior to registration.

Prerequisite: MGMT 6671. The course covers the fundamental concepts of principles of economics and integrates them in the context of managerial decision making. Micro and Macro principles are incorporated through real world examples of theory and policy and how they influence the decisions of managers as they struggle to operate efficiently and profitably.

*or approved undergraduate equivalent +students with an approved undergraduate equivalent should not enroll in this course

Prerequisites: College-level Statistics, college-level Economics, and MGMT 6910. The course is an introduction to analytic tools for demand management, cost minimization, and profit maximization. Topics of study develop strategic thinking for output and pricing decisions and decision-making in the presence of risk. Outcomes of the course include the ability to interpret international and macro data, understand its relevance for the firm and how to respond accordingly.