ECO 351K • Current issues in Business Economics
In this course we will consider how we can use economic principles to analyze actual business problems. We will use a number of business cases to illustrate how classic economic models can be used to understand current business issues, as well as how we can augment simple models to deal with complex business situations. For each case, students will write a short (1½ to 2 page) analysis of a specific question. We will then discuss various aspects of the case in class. The course is not meant to be a comprehensive cookbook of applications of economics to business problems. The purpose is rather to give students the opportunity to practice making logical economic arguments in the context of examples from the real business world.