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(3 hours) Prerequisites: BUSI 513 or ECON 211, 212, and 224. This course provides a rigorous introduction to the economic way of thinking. It is designed to strengthen critical decision-making skills. It provides a wide range of tools in both micro and macro economics. Micro topics include supply and demand, elasticity, market structure, and pricing decisions. Macro topics include many of the macroeconomic metrics, and a critical analysis of competing macro models. Globalization and trade is presented through both micro and macro models. Note: This course cannot be challenged.