ECO - Economics   

ECO 642 - Managerial Economics
   This course focuses on the application of economic principles and methodologies to the decision making process of the business firm. This course establishes a foundation in theories of consumer behavior, demand analysis and forecasting, production and cost analysis, and cost concepts for decision making. The course then builds on this theoretical foundation using cases and team exercises. Students apply economic principles and analytical techniques in a variety of decision situations, including market analysis, product pricing, and bargaining and negotiation.
   Prerequisite: FIN 599 or equivalent.

ECO 701 - Issues in the Labor Market
   The course addresses current issues in the labor market. It includes analysis of the demand and supply of labor on different levels, minimum wage, the composition of the labor force and its growth over time, investment in human capital, returns to education, earnings inequality with international comparison, labor market discrimination and policies to eliminate it, and labor unions and their effectiveness. The course is a mixture of theory, applications, and data analysis. Students will be asked to examine different issues, gather data and analyze it, evaluate different policies used and express their opinions.
   Prerequisite: MAT 598 or equivalent