Aggregate Economic Analysis 3 cr. Analysis of the factors determining the aggregate level of national income and employment and related economic theories. Three hours of lecture. Intermediate Economic Theory 3 cr. The study of resource allocation and factor pricing in an enterprise economy.
Some consideration is given to the application of microeconomic theory in business decision making.
Three hours of lecture. An intermediate study of the nature and functions of money, the banking system of the United States, and monetary theory. Three hours of lecture. Analysis of management and labor relations in its behavioral, institutional, legal and historical aspects. Includes collective bargaining, arbitration, grievance procedures, wage and benefits issues, institutional issues, seniority, employee safety, discipline, and public sector collective bargaining.