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Dec 21, 2024
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EMBA 604/5604 - Managerial Economics (1.75 cr.)
Description
This module covers the basics of microeconomics (supply, demand, market price and output, production, cost and market equilibrium) and the international macroeconomics and monetary environment within which business operate. It provides intensive overview of economic analysis of firms, industries, markets, forms of competition, role of industry structure, the influence of government policies. It provides framework that participants use to understand the performance of international economies and financial markets, linkage among countries through trade, exchange rates and the balance of payment, business cycles and rescissions, inflation and deflation, and the effects of the governments’ macroeconomic policies.
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