The focus of this course is on the analysis of national income, interest rates, monetary and fiscal policy, inflation, and business cycles. It relates money, capital, and financial futures markets and the marginal efficiency of investment to business decisions. The emphasis is on providing an understanding of the macroeconomic environment in which business firms operate. Prerequisite(s): ECNM 469 Managerial Economics (4).
Student Learning Outcomes
Understand price determination in a competitive market via the law of demand and supply.
Understanding demand and supply and government policies.