MBA 509 Essentials in Economics

This course focuses on the application of microeconomic and macroeconomic principles to business decision-making. Emphasis is placed on scarcity and resource allocation as well as strategic aspects of managing organizations in differing competitive environments. It provides an analysis of how macroeconomic and microeconomic forces impact markets and thus individual firms across a variety of industries. Pre-requisite(s): MBA 505 and MBA 507 or permission of the Program Chair. Co-requisite(s): None. 3 semester hours