Foundations Of Economics And Finance

Catalog description

to 3.00. This course provides an introductory examination of the elements of economics and finance routinely utilized for managerial decision making. An overview of the micro/macro economy is presented, focusing on supply and demand, production costs and market structures, role of the government, Federal Reserve, and fiscal and monetary policy in the economy. The course also covers general financial decision making as relates to time value, capital budgeting, cost of capital and capital structure, and working capital management. Typically offered Fall Spring Summer. Course Learning Outcomes 1. Have a basic understanding of the elements of microeconomics and macroeconomics that impact managerial decision making such as supply demand, industry structure, fiscal and monetary policy and the role of the government and Federal Reserve. 2. Have an understanding of the time value of money, capital budgeting, the implications of capital structure and the cost of capital as well as elements of risk management. View Class Schedule