Technology and communication skills are emphasized. This course examines statistical and analytical techniques to analyze data for effective managerial decisions. It deals with applications from business and industry. Topics include description and summarization of data, exploratory data analysis, testing hypothesis, analysis of variance, regression analysis and forecasting, and fundamentals of decision theory. This is a contemporary, real-world course focusing on the economic environment within which today's businesses operate, taught from the perspective of the practicing manager.
Content is both national and international in flavor.
Highlights include study of the general economy, market structure and public policy, economic analysis of industries and business cycles, and economics of the firm. International comparative advantage is stressed. The course is taught through the use of materials, tools, and databases readily available to the manager. This is a study of the acquisition and management of the financial resources of the firm. The emphasis is on developing and understanding decision making concepts related to such topics as valuation, cost of capital, capital budgeting, dividend policy, hedging financial exposure, and corporate control.