FIN 551 - Business Economics.

(Formerly MGT 551). Graduate standing. (3).

Analysis of the economic environment; major forces and government policies affecting business conditions. Macro and micro economic theory analyzed and applied to efficient operation. Measuring business conditions, monetary and fiscal policy, inflation, interest rates, employment, and demand analysis for the firm and industry, short and long-run production and costs, market structures, determination of prices, and non-price aspects of competition.