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Viewing outcome relationships between 973 and 66 - Business Management

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

Last edit: Thu, 18 Jan 2024 14:47:29 GMT

66 - Business Management
  • PLO 1: Contrast and apply various management concepts and theories to address and resolve organizational challenges and problems.
    • 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 2: Identify the basic macroeconomic terminology and concepts, including differentiating between real and nominal values and positive and normative economics.
    • CLO 3: Explain scarcity and opportunity cost.
    • CLO 4: Define and explain the nature of the business cycle.
  • PLO 2: Distinguish between and analyze the multiple (economic, financial, legal, international, and social) components of business.
    • CLO 7: Evaluate the effects of fiscal policy include the effects of the federal governments budget deficit and monetary policies on the US economy.
    • CLO 8: Describe the aggregate demand – aggregate supply model and differentiate between short run and long run.
    • CLO 11: Comprehend the basic theories of macroeconomic instability.
    • CLO 13: Develop an understanding of comparative advantage and the global economy.
Key: 434