Emphasis is on business-related problems.
Topics covered include valuation models of securities, capital expenditure decisions, analysis of financial statements, working capital management, capital-structure and financing decisions, and dividend policy. Topics include demand analysis, production theory, quantitative cost analysis, market analysis, and the theory of investment. The application of microeconomics to the problems of monopoly, oligopoly, restraints of trade, and other market imperfections. The course also focuses on the economic rationale for antitrust policy and regulation of public utilities. The purpose to this course is to acquaint students with the philosophy and methods of economic research and to provide them with ample opportunity to apply these methods to actual economic problems.