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Apr 18, 2024
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Catalog 2016-2017 [ARCHIVED CATALOG]
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ECON 310 Business Economics5 credits
Covers applied microeconomic analysis and introduces applied macroeconomic analysis of relevance to the business firm. Emphasizes the development of economic tools and concepts that can be used in the firm’s management decision-making process. Builds upon the standard economic analysis of the firm that integrates a company’s revenue, cost, output and pricing decisions. Marginal and incremental reasoning is stressed as an important decision-making principle.
Prerequisites: TLM 301 and admission to BASTLM program.
Quarters Offered: Winter
Student Outcomes/Competencies:
Upon successful completion of this course students will be able to:
- Interpret and analyze the principles essential for understanding the economizing problem, specific economic issue, and policy alternatives
- Apply the economic perspective and reason accurately and objectively about economic matters that can be used in the firm’s decision making process.
- Analyze applied macroeconomic issues relevant to the firm.
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