
The concepts familiarize students with market structure, dynamics, and behaviors, including how producers and consumers interact with each other and shape market behaviors. Key topics include consumer theory, intertemporal decisions, market structure, low-risk decisions, externalities and market failures, economic forces, and business cycles.
Upon completion of this course, students will possess the knowledge and skills necessary to make proper judgments regarding the likely consequences of various economic events.


Students will see what happens when Public Sector mismanage the Budget in contrast what happens when Private Sector mismanage the budget. The focus of this course is to impart a practical and "real life" understanding and application of public budgeting from the practitioner’s perspective. We will examine public budgets (government and non-profit agencies), budgeting systems, and budgeting processes, and how decisions are made and the processes that lead to these decisions.