May 28, 2024  
Spring 2017 Catalog and Handbook 
Spring 2017 Catalog and Handbook [ARCHIVED CATALOG]

BUS 680 - Economics for Business Decisions (3 Credits)

Prerequisite: Undergraduate course in Macroeconomics or Microeconomics.
Drawing upon modern managerial and behavioral economics, this course will develop students’ ability to apply the tools of economic analysis to business decisions. The course will cover the following topics: macroeconomic environment, economic decisions and rationality, markets and organizations, demand, production and cost, market structure, pricing, strategy and game theory, incentive conflicts and contracts, organizational architecture, decision rights, human resource decisions, vertical integration and outsourcing, leadership and change within organizations, regulation, and creating organizational architectures that foster ethical behaviors.