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Viewing outcome relationships between 974 and 63 - Business Administration - Management

Last approved: Wed, 31 Jan 2024 20:51:27 GMT

Last edit: Wed, 17 Jan 2024 16:37:22 GMT

63 - Business Administration - Management
  • PLO 1: Contrast and apply various management concepts and theories to address and resolve organizational challenges and problems.\n\n
    • CLO 1: Describe how economics is a social science that draws conclusions based on hypotheses, theories and data to understand and predict human behavior.
    • CLO 9: Use economic reasoning to develop logical conclusions by critically analyzing data and applying marginal costs/marginal benefits analysis to various economic and noneconomic activities.
  • PLO 2: Distinguish between and analyze the multiple (economic, financial, legal, international, and social) components of business.
    • CLO 3: Discuss the fundamental economic question of allocating scarce resources as well as explain scarcity, opportunity costs, and the production possibilities curve.
    • CLO 7: Explain the costs of production and production theory and profit maximization.
  • PLO 3: Construct and utilize effective documents and presentations using technology.
    • CLO 10: Construct (via pencil & paper and/or via computer or other electronic tool) and interpret graphs to explain the law of supply, the law of demand, and how market equilibrium and price are determined.
    • CLO 11: Calculate (via pencil & paper and/or via computer or other electronic tool) and interpret price elasticity of supply and demand, cross-price elasticity, and income elasticity.
Key: 374