MBAC 6010-Syllabus

MBAC 6010-Syllabus - The University Of Colorado Leeds...

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- 1 - The University Of Colorado Leeds School of Business Managerial Economics Spring 2008 Instructor E m i l y E . B o n n e r S412 Office Hrs: MWF 11:00am–12:00pm; or by appt General Course Information Class Meeting Time: 6:30 pm – 9:15 pm Attendance Policy Attendance is not required, however, students are responsible for all material covered in class. Course Objectives (1) An understanding of basic economic concepts and the vocabulary of economic events; (a) The difference between macroeconomics and microeconomics. (b) The role that rational self-interest plays in economic analysis. (c) Why affluent people face the problem of scarcity. (d) What the role of opportunity costs are in decision making. (e) Supply and demand (f) Price Elasticity (2) Organization, motivation and decision making for individual firms (a) Economic efficiency (b) Long run and short run costs (c) Perfect competition (d) Monopoly (e) Oligopoly (f) Duopoly (g) Monopolistic competition (h) Supply and Demand for labor (3) Microeconomic Policy Issues (a) The Distribution of Income (b) International Comparisons of Income Distribution (c) Poverty (d) Antipoverty Programs (e) Antitrust and Regulation (f) Mergers and International Antitrust Policy (4) To develop macroeconomic literacy. (5) To survey the important concepts of the macroeconomy including: inflation, unemployment, gross domestic product, and interest rates. (6) To introduce the use of macroeconomic models to analyze the determination of aggregate output, employment, the price level, and interest rates. (7)
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This note was uploaded on 06/01/2008 for the course MBAC 6010 taught by Professor Bonner during the Spring '08 term at Colorado.

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MBAC 6010-Syllabus - The University Of Colorado Leeds...

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