MBA Prep: Economics

MBA Prep

ISBN:

978-1-959142-71-3

MBA Prep: Economics

Scott Findley, PhD Dwight Israelsen, PhD

This resource surveys macroeconomic concepts including inflation, unemployment, gross domestic product, interest rate determination, growth, and income fluctuations. Students are introduced to key economic institutions and policies that regulate inflation, unemployment, and growth. Developing economic literacy will prepare students for the business world as they acquire an awareness of threats and opportunities in the economy today.

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Directions for Success in This Course Chapter 1: What Is “Economics” and What Do Economists Do? Chapter 2: Allocative Efficiency and the Benefits of Exchange Chapter 3: Markets, Supply, and Demand Chapter 4: GDP: National Output is National Income Chapter 5: The Consumer Price Index and Inflation: Measuring Changes in the Cost of Living Post-Test: Chapters 1–5 Chapter 6: Unemployment Chapter 7: Saving, Investment Spending, and the Role of Financial Institutions Chapter 8: Money and the Monetary System Chapter 9: Monetary Theory, Monetary Policy, and the Relationship between Money and Inflation Post-Test: Chapters 6–9

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