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Institution:
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Robert Morris University Illinois
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Subject:
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Description:
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This course studies the economic theory and applications relevant to business decision-making. Topics include supply and demand analysis, consumer elasticity, the theory of production and cost, profit maximization and marginal analysis, the theory of the firm in different selling and hiring environments, and the economics of personnel and compensation. Through research and case study, students will analyze such business decisions as production, pricing, non-price strategy and employment. ( Prerequisite: BUS 501)
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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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(312) 935-6800
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Regional Accreditation:
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North Central Association of Colleges and Schools
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Calendar System:
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Quarter
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