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BUS5052 Managerial Economics

Course Description

This course critically examines economic theory—both microeconomics and macroeconomics—in light of current business challenges, global issues, and environmental concerns. It analyzes the impact of domestic and international economic policies and major issues on business economics. Discussion topics include the effects of monetary policy, fiscal policy and taxation, forces of supply and demand, theories of cost and production, analysis of consumer behavior, and sustainable economic approaches and business practices. In addition, this course evaluates the response of markets to the forces of supply and demand by using different quantitative and qualitative measures.