Course Course Summary Section 1 Content Section 1 Content Left Section 1 Content Right Credit Type: Course ACE ID: UOPX-0046 Organization's ID: ECO 524.4; ECO 524 Organization: University of Phoenix Location: Classroom-based Length: 6 weeks Dates Offered: 8/1/1994 - 12/31/2001 Credit Recommendation & Competencies Section 2 Content Section 2 Content Left Section 2 Content Right Level Credits (SH) Subject Graduate 3 Economics Description Section 3 Content Section 3 Content Left Section 3 Content Right Objective: To introduce the student to the tools and techniques of microeconomic analysis which can be applied to managerial decision-making and problem-solving. Emphasis on enhancing the economic value of a firm through analytic techniques. Learning Outcomes: Describe the basic features of a market economy Describe the economic functions of the market Use the model of supply and demand to analyze the effects of various economic forces on market price and quantity Explain the meaning of economic scarcity and opportunity costs and relate these concepts to economic decisions faced by individuals, business organizations, and national economies Explain the role of business firms within the national and global economic systems Discuss profit ma Instruction & Assessment Section 4 Content Section 4 Content Left Section 4 Content Right Instructional Strategies: Classroom Exercise Learner Presentations Project-based Instruction Work-based Learning Supplemental Materials Section 5 Content Section 5 Content Left Section 5 Content Right Section 6 Content Section 6 Content Left Section 6 Content Right Button Content Rail Content 1 Page Content