Basic Skills 135

53:135:500. MANAGERIAL ECONOMICS (3)

• Micro- and macro-economic analysis topics utilized in subsequent MBA courses. Supply, demand and market equilibrium; elasticity, revenue and marginal revenue; fixed, variable, average and marginal cost; perfect competition, monopoly and oligopoly; employment, inflation, monetary policy and determinants of interest rates.

53:135:502. STATISTICAL METHODS FOR MANAGERIAL DECISION MAKING (3)

• This course provides mathematical and statistical foundation that will help students in understanding topics presented in courses offered by different functional areas such as finance, accounting, marketing and management.  Topics covered include descriptive statistics, probability, discrete and continuous random variables, sampling, confidence intervals, hypothesis testing, and linear regression analysis.  The course also includes the use of statistical software programs.

53:135:503. PERSONAL LEADERSHIP AND COMMUNICATION SKILLS (3)

• Introduction to personal leadership skills, oral and written communication skills, teambuilding, business ethics, and other general business skills.  MBA program orientation and introduction to campus services.  We recommend that this course be taken during the first year in the program.