Selected Topics in Managerial Economics

4 units · Undergraduate lower division (0-99)

Lecture, three hours. Limited to Real Estate and Sports Leadership and Management minors. Introduction to micro- and macroeconomics. Focus on microeconomics concepts such as supply and demand, market equilibrium, consumer theory, production and firm behavior, market structures, welfare economics, public goods, and externalities. Introduction of core macroeconomic concepts including national output, unemployment, interest, inflation, economic growth, business cycle, and fiscal and monetary policy. Letter grading.