University of Portland Bulletin 2024-2025

BUS 501 Economic Analysis

This course aims to show the interaction of economic theory, institutions, and real-world events in the market economy. Microeconomics shows that consumption, production, and income distribution are integrated through the market mechanism. Macroeconomics discusses national income, unemployment, inflation, and the government and FED policies that promote economic growth and stability. Algebra and graphs are the tools of analysis.