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Dec 21, 2024
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BA 4344 - Business and Government Relations3 lecture hours 0 lab hours 3 credits
Course Description
This course emphasizes economic and legal analysis of governmental policies toward business. A review of microeconomic theory is presented in the first section of the material, and such theory is then applied to analyze statutes in the following areas: consumer protection, environment, equal employment and the workplace. The rationale and procedures utilized in traditional economic regulation and deregulation are covered in detail. The course concludes with suggestions for reforming government regulation of business. (prereq: none)
Course Learning Outcomes
Upon successful completion of this course, the student will be able to:
- Understand the principal laws that regulate business activity in the marketplace
- Understand and be able to apply economic analysis to determine the desirable and undesirable features of such regulation
- Understand the nature of corporate responses to the existence of government regulation
Prerequisites by Topic
Course Topics
- Role of business and government
- Basic economic concepts
- Nature and rationale of regulation
- Theory of public choice
- Consumer legislation
- Product liability law
- Environmental law
- Risk and cost/benefit analyses
- Economic analysis of pollution
- Discrimination law
- Workplace issues
- Labor unions and labor laws
- OSHA and job safety
- Public utility regulation
- Anti-trust law
- Deregulation
- Reforming government regulation
Coordinator
Dr. Paul Hudec
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