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Course Criteria
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3.00 Credits
Trains managers to understand the competitive implications of global economic policies, the business effects of technological change, and the commercial imperatives of alternative political systems at a macro level. At a micro level, it creates a framework for industry analysis in a global setting that combines economic analysis, competitive analysis, and business decision-making skills.
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3.00 Credits
Develops understanding of the organization of the global economy and how this helps managers assess the winds of economic change and make better decisions for their shareholders. Addresses interactions among competitors, suppliers and customers, central banks and other financial intermediaries, and governments and how these interactions impact business decision making. Leads to a framework for industry analysis in a global setting that involves economic analysis, competitive analysis, and business decision-making skills.
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2.00 Credits
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.
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3.00 Credits
Provides an understanding of economic principles and their use and application in decision making within high-tech firms. Discusses how dynamic, innovative industries and enterprises challenge conventional economic paradigms, and how managers can incorporate uncertainty into rational decision making.
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1.50 Credits
Explores the hierarchical nature of economic activity, thus providing a perspective on a firm's relative position and the origins of the forces that operate on it. Provides students with the opportunity to understand the organization of the global economy and the accounting system that underlies it, as well as understand the interactions among competitors, suppliers and customers, central banks and other financial intermediaries, and governments and how these interactions combine to create the parameter space for business decision making. By knowing how all the pieces fit and by knowing the pathways of influence among these pieces, managers can better read the winds of economic change and, as a consequence, can make better decisions for their shareholders.
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3.00 Credits
Applies managerial economics in the development and execution of business strategies. Focuses on the macroeconomic environment in the United States and around the world in the context of social, technological, economic, and political trends. Topics include demand and supply analysis, national output and national income, fiscal policy, monetary policy, economic growth and productivity, and international trade. Includes a residency where students visit agencies and meet with speakers and government personnel in Washington, D.C.
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1.00 Credits
Builds on previous courses in macroeconomics and business law by exploring the global dimensions of the business environment. Using a single foreign country initially, explores regional issues around NAFTA and the European Union. Concludes with a look at global agreements that affect business, such as the World Trade Organization.
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1.00 Credits
Offers independent work under the direction of members of the department on chosen topics.
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2.00 Credits
Offers independent work under the direction of members of the department on chosen topics.
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3.00 Credits
Offers independent work under the direction of members of the department on chosen topics.
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