MGT 312 Foundations of Economics
This course covers fundamental tools and applications of concepts in microeconomics and macroeconomics. The section on microeconomics focuses on markets as a mechanism for allocating scarce resources. Using tools of welfare economics, it addresses market efficiency, outcomes from market failures, and firms with market influence. The section on macroeconomics provides a mix of classical and Keynesian ideas, the theory of economic growth, and the role of financial markets.