MBA 584 Survey of Economics

A clear understanding of economic concepts is a necessity as managers and executives compete in today's global arena. Students will be introduced to macroeconomic and microeconomic issues and concepts such as the GDP, inflation rate, unemployment rate, demand and supply, market structures, balance of payments and the foreign exchange rate among others. Discussion of monetary and fiscal policies will be included so students can begin to understand their importance not only for the U.S. economy but for businesses as well. Historical perspectives of some issues will be included.