PRE-MASTER in BUSINESS ADMINISTRATION

Course Description

PMBA 604: Introduction to Economic Analysis (21 hrs)

Note: All courses are non-credit and are graded Pass/Fail.

This course introduces students to the basics of macro- and microeconomics (the study of the effects on the national economy of the choices that individuals, businesses, and governments make; and the workings of markets and industries, in particular the way firms compete with each other). The course sheds light on what is happening around the world and how this affects business decisions.

Students will learn ways of analyzing the impact that the macroeconomic environment and micro-economic factors such as the process of market interaction have on the operations and decisions of a company they choose to examine. This will underpin a great deal of the subject matter they will later encounter in Master level coursework.