Economic Environment: The Macro-economy
An overriding objective of the course is to develop managerial perspectives on macroeconomic and global issues. Students will develop an understanding of aggregate output and cyclical patterns in GDP as well as factors that determine employment, prices, interest rates, and exchange rates.
Operations is the term that refers to the process by which organizations convert inputs (e.g., labor, material, knowledge, equipment) into outputs (goods and/or services) for both internal and external markets. In this broad-spectrum course we will study how to manage this process. We will study both strategic issues related to how firms determine how they will compete as well as tactical and operational decision making. We will consider issues related to designing, measuring, controlling and improving operations. Operations management was initially concerned with manufacturing operations. But many of the ideas developed have direct application in service operations such as health care, financial services and restaurant/hotel management. Within the context of the course, we will discuss several manufacturing and non-manufacturing environments, however, the emphasis of the course will be on the fundamental ideas that govern operations in an organization.
The objectives of this course are:
- to expose you to the main concepts of operations management.
- to provide you with tools which can be used in the management of operations.
- to develop your ability to analyze a process and present reasoned recommendations that address problems found
Finance II: Corporate Finance
The second module of our introductory Finance courses focuses on applications for corporate finance, including cost of capital, capital structure and dividend policy.
Economic Environment: The Global Economy
In an increasingly globalized economy, developments globally are intertwined with these questions and must be considered. Therefore, both national and international macroeconomic factors will be covered. The conduct of fiscal and monetary policy will be discussed in the context an open economy, and an understanding of the drivers of international trade and capital flows will be developed. Implications for corporate profitability and risk will be highlighted. Economic Environment: The Global Economy provides the basis for understanding these inherent opportunities and underlying risks.