EMBA 601 - Economic Analysis and Policy

Corequisite, EMBA 600. This course presents the fundamental economic concepts and models in microeconomics and macroeconomics with particular emphasis on economic analysis of public policy issues. In microeconomics, markets and government failures are discussed using models of competitive and monopolistic markets. In macroeconomics, the determination of output, employment, and price levels are discussed using the aggregate supply and demand model, and the effects of alternative policies are analyzed. (Offered every year.) 4 credits