The fundamental principles underlying the operation of a market economy, national income accounting, national income determination, and monetary and fiscal policy. The fundamental principles underlying the decision-making process with respect to pricing and resource usage in a market economy. A study of basic human relations through effective communication, in business and commercial contexts. New methods of management such as TQM will be introduced. Assignments include proposals, reports, articles, instructions, correspondence, and memoranda.
Stress is placed on developing a clear, coherent, emphatic, and concise writing style.