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Institution:
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Babson College
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Subject:
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Description:
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4.00 credits ECN3631 SCAMS AND FRAUDS (Advanced Liberal Arts) This course offers a rigorous analysis of the "deceptive act" or the patterns of "deceptive acts" typically encountered in business settings. This course breaks new ground as an economics major course by departing from the traditional equilibrium approaches (1) of dealing with equilibrium as a "moment in time" and also (2) assuming that all parties have complete and accurate information. This departure from the traditional equilibrium approach is no better illustrated than by the scientific work of George Arthur Akerlof whose insights are especially relevant to the problems of consumer protection and the financing and promotion of entrepreneurial ventures. A business manager should take this course because it will make him or her much more "street smart" about how the business world operates. Prerequisite:(ECN2300 or IME2311) and (MCE2312 or IME2321) This course is typically offered in the following semesters: Fall and Summer I
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Credits:
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4.00
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Credit Hours:
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Prerequisites:
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Corequisites:
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Exclusions:
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Level:
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Instructional Type:
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Lecture
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Notes:
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Additional Information:
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Historical Version(s):
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Institution Website:
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Phone Number:
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(781) 235-1200
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Regional Accreditation:
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New England Association of Schools and Colleges
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Calendar System:
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Semester
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