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Course Online Syllabus

Spring 2011

Department ECONCourse Number6351 Section Number23527
Name of Course Economics for Managers
Name of Instructor Glasure,Yong U.

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

  1. comprehend the fundamental economic problem of scarcity, the fundamental economic questions, and the idea of opportunity cost and comparative advantage
  2. 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
  3. comprehend a relationship between a firm's production and its cost structure
  4. comprehend a firm's decision-making on input and output and analyze an overall industrial performance in the four basic market structures (perfect competition, monopoly, monopolistic competition, and oligopoly)
  5. use the major macroeconomic indicators (GDP, CPI, inflation rate, unemployment rate, and government deficit) to measure the performance of the economy and the business cycle
  6. apply the aggregate supply and aggregate demand analysis to determine the macroeconomic equilibrium and to predict the effects of fiscal and monetary policy
  7. increase awareness of and experience with group dynamics and problem solving.

Major Assignments/Exams

Professor reserves right to modify syllabus and course schedule and other info  
Mandatory group term paper and participation 50 points
Discussion Board Participation 20 points
Homework from each chapter 30 points
Exam 1 100 points
Exam 2 100 points
Exam 3 100 points
Optional Cumulative Final 200 points

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


Course topics have not been submitted.