ECONOMICS FOR BUSINESS

Credit Hours: 3 · Undergraduate Lower-Level

This course introduces economic concepts tailored to business applications and managerial decision making. Foundational topics include product market supply and demand, pricing strategies, market structures, and cost analysis, all framed within real-world business decision-making. The course also considers key features of the macroeconomic environment including inflation, unemployment, business cycles and long-term economic growth. Emphasizing case studies, students apply economic principles to optimize resources, maximize profits, and navigate competitive market environments.