300

Applies statistical methods to economic or financial data to investigate the validity of hypotheses or theoretical models. Develops various techniques used in multiple regression analysis of time series and cross-section data.

Draws on the knowledge of economic theory, statistics, and calculus in order to provide managers with applicable tools for decisions regarding prices, production, and efficient resource allocation. Through problem-solving and hands-on projects, students learn the role of quantitative tools and economic theory in modern management.

Studies macroeconomic theories, including those about the determinants of output, the unemployment rate, and the inflation rate in the short run, and those about the rate of economic growth in the long run. The predictions of these theories will be contrasted with economic experience in the US and elsewhere.

Provides economic analysis of public policy issues in resource utilization and environmental quality, considering political and macroeconomic aspects of environmental policy. Discussion includes externalities, property rights, benefit-cost analysis, and local water and air pollution issues. In addition, analyzes global problems such as acid rain and global warming.

In the face of interconnected and increasing environmental and social problems this century, organizations able to see the big picture and effectively seize opportunity in the midst of complexity will do well in the long run. This course covers the current analytical frameworks and tools that leading edge organizations are using to benchmark and improve environmental, social and financial performance.