MEC G208 - Economics for Managerial Decision Making

Institution:

Northeastern University

Subject:

Description:

Focuses on the application of economic concepts to business decision making in an international setting. The goal is understanding those aspects of creating and sustaining shareholder value that managers control and those arising from external sources. Topics include analyses of competitive market forces, demand-supply interactions, production, costs and profits, market structures and industrial organization, and pricing strategies. Focuses also on the social, political, economic, and institutional forces that influence value and wealth. Topics include national income accounting, aggregate economic behavior, financial markets analysis, the determination of income, employment and inflation, growth and productivity, exchange rate determination, and absolute versus comparative advantage. Helps student-managers learn how to better evaluate economic trends and conditions enabling them to make more informed choices on behalf of their stakeholders.

Credits:

2.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.northeastern.edu

Phone Number:

(617) 373-2000

Regional Accreditation:

New England Association of Schools and Colleges

Calendar System:

Semester

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