Intermediate Price Strategy

EC 224    Undergraduate -Level      Credit: 3    Department: Economics

Description:

Examines price determination in the marketplace and the interactions among consumers, firms, and government in the market process. The study of markets and the forces of supply and demand provides a sound basis for understanding pricing, production decisions, cost conditions, industry regulations, and profitability. Consumer behavior and firm decision-making form the fundamental structure for the course of study. Among the topics covered are consumer choice, welfare effects of government policy, production technology, profitability, competitive market analysis, and market power, and price discrimination. Analytical tools and economic modeling techniques are developed throughout the course. This is a required course for all Economics and Economics-Finance majors.

Principles of Microeconomics

EC 111    Undergraduate-Level     Credit: 3     Department: Econoimcs

Description:

Provides students with an understanding of fundamental economic principles and tools. Presents economic analysis with respect to demand, supply, market equilibrium, costs of production and resource pricing. Examines the market structures of pure competition, oligopoly, monopolistic competition and monopoly. Analyzes the markets for labor and capital..

Business Statistics

GB 213   Undergraduate- Level     Credit: 3    Department: Economics

Description:

Modern businesses rely on well-educated professionals who can effectively use data to enhance and support decision-making processes. The primary objective of this course is to use data to illustrate key concepts for making decisions throughout each of the primary business disciplines; accounting, economics, finance, information systems, management, and marketing. Focuses on learning skill sets necessary to access and manipulate large amounts of data and the techniques that enhance the individuals' decision-making process. Introduces some elementary Microsoft Access methods for transferring a sample of data from a database into Microsoft Excel. Illustrates how to make effective decisions using simple and multiple regression models. Provides balanced presentations illustrating the manual use of statistical techniques for understanding purposes and how to implement those techniques using the computer.