BUS 50300 - Introduction To Economics

Brief overview of microeconomic topics including comparative advantage, diminishing returns, supply, and demand. Market price determination is examined with emphasis on elasticity in the determination of total revenue changes as price changes. Measurement of economy’s aggregate output, price level, and employment are macroeconomic topics covered.

Cr. 1.
Notes
You must be admitted to the MBA program or secure approval from the department before enrolling in any graduate-level business or economics course. Pass/Not Pass grades assigned.