Course Description

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Course Description

This course applies economic concepts to make management decisions. Students employ the concepts of scarce resources and opportunity costs to perform economic analysis. Other topics include supply and demand, profit maximization, market structure, macroeconomic measurement, money, trade, and foreign exchange.

Policies

Faculty and students/learners will be held responsible for understanding and adhering to all policies contained within the following two documents:

• University policies: You must be logged into the student website to view this document. • Instructor policies: This document is posted in the Course Materials forum.

University policies are subject to change. Be sure to read the policies at the beginning of each class. Policies may be slightly different depending on the modality in which you attend class. If you have recently changed modalities, read the policies governing your current class modality.

The discussion question points are now combined with the participation points for each week. You, as the instructor, may create a separate line item for discussion question points if you choose. Please note that some assignment points may have changed.

Course Materials

Ball, L. M. (2009). Money, banking, and financial markets. New York, NY: Worth Publishers.

McConnell, C. R., Brue, S. L., & Flynn, S. M. (2009). Economics: Principles, problems, and policies (18th ed.). Boston, MA: McGraw-Hill Irwin.

Pugel, T. A. (2009). International economics (14th ed.). Boston, MA: McGraw-Hill Irwin.

All electronic materials are available on the student website.

|Week One: Increasing Revenue | | |Details |Due |Points | |Objectives |Choose methods to increase revenue in an organization. | | | | |Explain the market equilibrating process. | | | |Reading |Read Ch. 1 of Economics. | | | |Reading |Read Ch. 2 of Economics. | | | |Reading |Read Ch. 3 of Economics. | | | |Reading |Read Ch. 6 of Economics. | | | |Participation |Participate in class discussion. | |15 | | |Complete Learning Team Charter | |15 | |Audio |Listen to the Course Overview podcast. | | | |Course Overview Podcast | | | | |Audio |Listen to the Week One podcast. | | | |Week One Podcast | | | | |Video |Watch the Price Elasticity of Demand video. |...
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