Subject Listing:
BUS400 -
Business Economics
This is a one semester introductory course in Business Economics.
It attempts to apply economics to many of the major issues of our day.
Its basic purpose is to introduce the student to those principles essential to an understanding of the fundamental economic problems and policy alternatives available for dealing with these problems.
Accordingly, it begins with a description of the subject matter: its concepts, terminology, and methodology and proceeds to describe how markets function with the interaction of demand and supply.
The overall operation of the economic system follows: economic stability, economic growth, and economic efficiency.
Subjects dealing with national income, employment, fiscal policy, money, banking, and monetary policy, problems and controversies in macroeconomics, and international trade will be discussed and covered.
Co-requisite: EAC150