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BUS 907

Business Economics
Name: Business Economics
Course Number: BUS 907
Credit(s): 4

Course Description

BUS 907 Applied Economics for Global Business scrutinizes the practical application of economic theory in deciphering global business outcomes through standard economic analysis tools. Throughout the course, students delve into various subjects, including the involvement of businesses in international trade, international trade policies that pose obstacles for global enterprises, and the ramifications of trade and economic progress on global businesses. Additionally, students explore critical areas of concern in global business, such as national income accounting and exchange rate determination, purchasing power parity, the real exchange rate, and macroeconomics in open economies. (Formerly referred to as BUS 907 Business Economics)

Learning Outcomes:

  • Engage in critical analysis of economic theory and principles through the lens of global business operations.
  • Gain insight into the ways in which the international economic landscape influences global enterprises.
  • Acquire skills in analyzing economic data to guide strategic decision-making within business contexts.
  • Reflect critically on the broader societal implications stemming from business decisions shaped by economic considerations.

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