BUS 3200 - Principles of Economics and Financial Decision-Making

• Strengthen analytical/problem-solving skills by applying economic and financial criteria to decisions
• Develop an appreciation for the dynamic environment of business, the need for it to add value to its product or service markets, and the necessity to make decisions that are financially sound
• Demonstrate the value to business of analyzing demand and supply, price elasticities, marginal utility, and decision-making with uncertainty
• Develop an appreciation for the macroeconomic environment and international trade
• Articulate the sources for acquiring investment capital and the multiple techniques for evaluating a rate of return on investment decisions
• Solve a limited set of investment problems that include concepts such as time value, net present value, and annuities

• None

• Microeconomics principles
• Market system and circular flow model
• Demand, supply, and market equilibrium
• Elasticity of supply and demand
• Products and markets
• Macroeconomics principles
• Fiscal policy
• Money and banking
• Monetary policy
• International trade
• Financial statements and analysis
• Time value of money
• Capital budgeting
• Valuation techniques