HB2504
University Of Houston-Victoria
Click here to open a new window to search Spring 2013 – Current Instructor & Course Information
Course Online Syllabus
Summer 2011
| Department | ECON | Course Number | 6351 | Section Number | 19100 |
| Name of Course | Economics for Managers | ||||
| Name of Instructor | Chen,Chien-Ping | ||||
This information may not constitute all course policies; students are responsible for all course requirements established by their instructors during the semester and all institutional policies as established in the UHV student handbook. | |||||
Learning Objectives
As a result of this course, students will
- comprehend the fundamental economic problem of scarcity, the fundamental economic questions, and the idea of opportunity cost and comparative advantage;
- comprehend marginal utility theory and the concept of the price elasticity of demand; to apply the supply and demand analysis tool to determine the main influences on market equilibrium;
- comprehend a relationship between a firms production and its cost structure;
- comprehend a firms decision-making on input and output and to analyze an overall industrial performance in the four basic market structures (perfect competition, monopoly, monopolistic competition, and oligopoly);
- use the major macroeconomic indicators (GDP, CPI, inflation rate, unemployment rate, and government deficit) to measure the performance of economy and the business cycle;
- apply the aggregate supply and aggregate demand analysis to determine the macroeconomic equilibrium and to predict the effects of fiscal and monetary policy.
Major Assignments/Exams
| Midterm Exam | 25% | ||
| Final Exam | 25% | ||
| Industry Analysis Term Paper (Team Assignment) | 15% | ||
| Discussion Board Participation (Team Assignment) | 15% | ||
| Homework Assignments (Individual Assignment) | 20% |
Required Reading
Schiller, Bradley R., Essentials of Economics,8th ed., ISBN 0073511390.
Recommended Reading
No additional readings have been recommended for this course.
List of Discussion/Lecture Topics
- The Challenge of Economics
- The U.S. Economy and International Trade
- Supply and Demand
- Consumer Demand and Supply Decisions
- Competition and Monopoly
- Business Cycle and Aggregate Supply-Demand
- Fiscal Policy
- Money and Banks & Monetary Policy
Social Networks
