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May 11, 2025
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MGMT 6300 - Business Economics This course is an introduction to the economic environment in which a manager operates. Elements of this environment include the concepts of marginality and the trade-offs among conflicting goals. Microeconomic dimensions include cost and production theory, demand theory, and market theory. The macroeconomic elements of importance include the relations among gross output, income, and employment, and the effect of governmental economic policy on the operations of the firm. Students enrolled in the full-time MBA program cannot use this course on the Plan of Study. This course is intended for students enrolled in the part-time MBA, M.S. in MGT or those seeking degrees in other schools at Rensselaer.
When Offered: Summer term.
Credit Hours: 3
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