The purpose of this course is to develop an understanding of the macroeconomic consequences of the systematic discoordination of humans actions, and the nature and causes of business cycles. Topics include Classical, Keynesian, Monetarist, Real Business Cycle, and Austrian theories and international business cycles. 3 cr. hrs. It also considers various theories of competitive advantages in international trade, the nature and effects of commercial policies, and international economic integration. 3 cr. hrs.
Pricing is one of the most important decision areas in business.
Pricing is also a very complex and difficult decision. This course will focus on the role of pricing in business and marketing strategy and on how to price effectively. 3 cr. hrs. Current issues and problems will be researched and discussed. See description in College of Business Administration section.