Course Catalog

GRAD > MBA AF > 601

Economics for Managers

Introduces the student to economic principles of particular interest to the firm manager. The course is divided roughly into two parts that deal with macroeconomic and microeconomic issues. In the macro section such key aggregates as gross domestic product, unemployment rate, inflation rate, and balance of payments, which are of importance to the firm manager, are discussed. Discussions focus on a critical examination of how these aggregates are measured and determined in various competing theoretical models. The theory discussed here then serves as an analytical tool in understanding and evaluating economic policies related to such current economic issues as unemployment, inflation, and trade imbalances. In the micro section, emphasis is given to a) the theory of markets, how prices and quantities are determined in markets and factors that affect these prices and quantities; and b) how firms compete in different market environments. Besides concentrating on the theory, special attention is given to how the concepts covered are applied to real-world microeconomic problems.

Offered in:

2015 Fall

Section Class Number Weekly Schedule Time Instructor Location
01 2031 W 04:00 PM - 06:45 PM Bandopadhyaya,Arindam W01-0044 More Info
02 2611 M 05:30 PM - 08:15 PM Li,Rui M01-0209 More Info

2016 Spring

Section Class Number Weekly Schedule Time Instructor Location
01 2104 Tu 05:30 PM - 08:15 PM Li,Rui M02-0404 More Info
02 6488 W 06:00 PM - 08:45 PM Bandopadhyaya,Arindam S02-0065 More Info