ECON 551 Foundations of Economics

Prerequisite: None. MGMT 552 and ECMG 556 or MATH 500 recommended. This course introduces students to micro- and macroeconomic analysis of the business environment. The micro portion focuses on the behavior of consumers and firms in the product and resource markets. The macro portion examines the domestic and international factors that influence the aggregate level of economic activity, and the role of monetary and fiscal policies.