Undergraduate Academic Catalog 2012-2013
Prerequisite: MATH 2253
An analysis of finance and the economics of production in society. Particular emphasis is given to the study of fiscal and monetary policies, and their impact on industry. Topics include opportunity cost, marginal productivity analysis, national income analysis, the determinants of market demand, pricing strategy, market power, how the importance of the labor market in American industry, how time and interest affect economy, and interest rates.