The examination of essential economic principles, macroeconomic issues, and statistical methods and software packages needed for the basic approaches to corporate statistical analysis and forecasting. Special emphasis is placed on using actual corporate data with managerial interpretation of the results. Macroeconomic issues are also discussed in relation to the participant's business environment. Executive Fellows Program only. This course provides an application of economic theory to problems caused by the fact that a firm's goal is to maximize profits but the offices and departments of a firm often have conflicting objectives, constraints and choices.
Emphasis is on creative thinking and use of economic information for decision making.
Executive Fellows Program only.