Students will explore the importance of internal and external methods of communications incorporated in current organizations. This course introduces the students to labor relations and emphasizes the legal aspects of needs planning, employee relations and policy administration. This course examines the aspects and activities of international business and offers insight into the importance of world trade among multinational organizations. The diversity among international markets is also examined. This course provides a study of economic analysis concerning factors at work in the marketplace.
Emphasis is placed on the study of macroeconomics.
The study of the determination of income, output, employment and prices in the economy will also be examined. A continuation of EC401 with an emphasis placed on the study of microeconomics. This course is a descriptive and analytical study of the market economy, including market structures, pricing, and distribution of wealth and income. This course offers a practical examination of the principles of macro- and microeconomics. Topics will include fiscal and monetary policies, regulatory action and competition, and issues related to domestic and international economics.