Nov 21, 2024  
2024-2025 Undergraduate Academic Catalog-June 
    
Catalog Navigation
  Catalog Home
  Academic Calendar
  University Overview
  Admissions
  Student Financial Services
  Academic Regulations and Policies
  Degree Programs, Minors, and Certificates
  Degrees, Minors, and Certificates by Department
  Course Descriptions
  The Raider Core
  MSOE Honors Program
  Global Opportunities
  Reserve Officers’ Training Corps. (ROTC)
  Administration, Regents, and Advisory Committees
  Departments and Faculty
  Campus Map
  Student Resources
  My Portfolio
HELP
2024-2025 Undergraduate Academic Catalog-June
Facebook this Page (opens a new window)
Tweet this Page (opens a new window)
Add to Portfolio (opens a new window)

BUS 3200 - Principles of Economics and Financial Decision-Making

3 lecture hours 0 lab hours 3 credits
Course Description
This is a survey class of economics and financial decision-making. The course material emphasizes analysis and decision-making related to microeconomic theory, macroeconomic theory, financial statements, time value of money, and capital budgeting.
Prereq: None
Note: None
This course meets the following Raider Core CLO Requirement: None
Course Learning Outcomes
Upon successful completion of this course, the student will be able to:
  • 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
Prerequisites by Topic
  • None
Course Topics
  • 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
Coordinator
Dr. Paul Hudec


Facebook this Page (opens a new window)
Tweet this Page (opens a new window)
Add to Portfolio (opens a new window)