Three hours of lecture. Math 121 or equivalent. An introductory study of the nature of microeconomics, with emphasis on consumption, production, and resource allocation from a private and social point of view. Three hours of lecture. A study of the application of managerial procedures to the production process.
Special emphasis is given to facilities, personnel, and control of production.
Includes application of the quantitative techniques of management science. Three hours of lecture. Junior standing and, for business majors, MADM 210. A study of the theory and practice of the organization's employer-employee relationships, motivation systems, interpersonal communications, group processes,design issues, and international management processes. Three hours of lecture.