Credits 3

A study of the basic elements of Micro-Economics focusing upon the social welfare aspects of when government, for profit and not for profit organizations work well and when they do not. The essential elements of micro-economic principles as applied to organizational structures will be examined. The impact of the Macro-Economy upon specific organizational types will also be examined. A comprehensive study of the methods, techniques, and analysis of financing for decision making, planning and control; cost determination and evaluation; cost-benefit assessment, budgeting and quantitative techniques.