MGT101 - Economics MGT101 - Economics Dr. Dennis Foster Dr. Dennis Foster Assumptions Build Models Generate Conclusions/Predictions Compare to the real world Q/ℓ =f(K,L) K/ ℓ Q/ ℓ A B Supply Demand Pric e Quantity P e Q e Alfred Marshall John Maynard Keynes Adam Smith Karl Marx Ayn Rand
Q/ ℓ. Assumptions. Q/ ℓ =f(K,L). Build Models. B. A. Generate Conclusions/Predictions. Price. Supply. P e. K/ ℓ. Compare to the real world. Demand. Quantity. Q e. MGT101 - Economics. Ayn Rand. Dr. Dennis Foster. Alfred Marshall. John Maynard Keynes. Adam Smith. Karl Marx. - PowerPoint PPT Presentation
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MGT101 - EconomicsMGT101 - Economics
Dr. Dennis FosterDr. Dennis Foster
Assumptions
Build Models
Generate Conclusions/Predictions
Compare to the real world
Q/ℓ =f(K,L)
K/ℓ
Q/ℓ
AB
Supply
Demand
Price
Quantity
P
e
Qe
Alfred Marshall
John Maynard KeynesAdam
Smith
Karl Marx
Ayn Rand
MGT101 - EconomicsMGT101 - Economics
““Economics is the study of Economics is the study of mankind in the ordinary mankind in the ordinary
Monetary & fiscal policy to affect cycles. The Fed, the Congress & the President.
The W. A. Franke College of BusinessBSBA degree emphasizes...
a core set of business courses . . . including marketing, management, accounting, computer information systems, finance, law, and statistics. 18 hours of coursework in economics plus certificate:
–AccountingAccountingPublic AccountingAccounting Information Systems
–American Studies Certificate
–Business Economics
–Computer Information SystemsBusiness AnalystDatabase SystemsSystems AdministrationWeb Technology
–MarketingPromotion & Marketing CommunicationCustomer Service
Economics Course Offering:– BA 321 Intermediate Business Statistics
– ECO 325 Environmental Economics
– ECO 346 Economic & Business Forecasting
– ECO 356 Regional & Urban Economics
– ECO 384 Intermediate Microeconomic TheoryECO 384 Intermediate Microeconomic Theory
– ECO 385 Intermediate Macroeconomic TheoryECO 385 Intermediate Macroeconomic Theory
– ECO 420 Industrial Organization
– ECO 425 Economic Development of the Reservation
– ECO 445 Public Finance
– ECO 464 Labor EconomicsECO 464 Labor Economics
– ECO 473 Money & BankingECO 473 Money & Banking
– ECO 480 Political Economy
– ECO 483 Comparative Economic Systems
– ECO 484 Development of Economic Thought
– ECO 486 International EconomicsECO 486 International Economics
– ECO 497 Independent Study
– ECO 498c Senior Seminar
Social and Behavioral Science Social and Behavioral Science
BS Economics majorBS Economics major The Social and Behavioral Science BS degree
emphasizes... a program of study based upon social science courses, including
political science, geography, history, and sociology. 36 hours of coursework in economics. career preparation for employment in both public and private sectors
with an orientation in broad economic issues that span both sectorsof the economy.
a choice of a focus that supplements the social science orientation of the Economics major (18/15 hrs.).
What do economics majors do?What do economics majors do?
Banking & Finance Journalism Law School Business Government Overseas employment Research Teaching
Economics journalsEconomics journals
Economics of Housing Women in the Labor Market Mathematical Economics Economic Anthropology Economic Theory of Auctions Economics and Biology Law and Economics Economics of Energy
Economic Philosophy of Economic Philosophy of Capitalism - Ayn RandCapitalism - Ayn Rand
The right to life is the source of all rights – and the right to property is their only implementation. Without property rights,no other rights are possible.
"Capitalism is the only system that can make freedom, individuality, and the pursuit of values possible in practice.”