BA 600 - Economics and Statistics Foundation

Semester Hours: 3

This course provides students without an appropriate undergraduate background in the areas of economics and statistics to acquire basic understandings to enable them to participate fully in graduate courses presuming background knowledge in these areas. Economic topics covered include an introduction to economic analysis, supply and demand, seller’s costs, buyer demand, markets, and profit maximization. The statistics elements covered include descriptive statistics, probability and probability distributions, and statistical inference and forecasting. These understandings are essential for success in the advanced courses in the MBA program.

Pre-requisites: Required course if foundational requirement has not been satisfied.