MBA 504 Business and the National Economy
Considers public economic policies that control price levels, employment levels, and economic growth rate, and their impact on the firm and the nation. Includes discussion of national income accounting, factors responsible for economic fluctuations, and the role of fiscal and monetary policy. The use of economic indicators and the development of simple forecasting models are also considered.
PRQ: ECON 101 and 102 or MBA 502; MBA 501 or its equivalent.
Skills developed: analytical, research, presentation, and problem solving.
Practical application: weekly discussions of current articles from the Wall Street Journal to relate theory to the economic news, research conducted on current economic topics, and formal topic presentations