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ECO 501 Economics for Decision Makers

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The ECO 501 Economics for Decision Makers course basically introduce the basic concepts and methods of micro and macroeconomics applied to decision-makers in the business sector - all of which are carried out in the context of an expanding global market. This course meets the economics requirements for MBA candidates.

The ECO 501 Economics for Decision Makers course basically provide the overview of the essential elements of economics as a discipline.

Learning outcomes: Demonstrates understanding and ability to:

1. Use the concept of comparative advantage.

2. Apply the concept of supply and demand elasticity.

3. Apply the Macro Economy Aggregate Demand/Aggregate Supply Model.

4. Demonstrates an understanding of the differences

5. Keynesianism and the political implications of models of macroeconomic monetarism.

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