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Course Online Syllabus

Spring 2011

Department ECONCourse Number6351 Section Number23528
Name of Course Economics for Managers
Name of Instructor Adamchik,Vera A

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;
  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 to 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 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.

Major Assignments/Exams

Midterm Exam (online) 30
Final Exam (online) 30
Quizzes (online) 15
Term Paper / Case Study 10
Homework 5
Discussion Board Participation 10

Required Reading

Schiller, Bradley R., Essentials of Economics,8th (2011) ed., ISBN 0073511390.

Recommended Reading

, Study Guide to accompany Essentials of Economics, 8th edition,2011 ed.

List of Discussion/Lecture Topics


Course topics have not been submitted.