The industrial revolution and the impact of technological change upon such areas as transportation, agriculture, business organization, unions, the banking system, and public policy. Fall of odd-numbered years. ECON 305 Managerial Economics 3 cr. Applications of microeconomic theory to management practices. Topics include production, pricing, market structures and special topics in firm decision making.
Students participate in management simulation.
The nature and functions of money, credit, banking, and the Federal Reserve System. Spring of even-numbered years. ECON 309 Comparative Economic Systems 3 cr. Spring of even-numbered years. Both U.S. and international issues are discussed.