This course examines microeconomic concepts and how firms are affected by these concepts. We then examine the macroeconomic concepts that have an impact on all firms in the same country or industry. The last section of the course focuses on the monetary sector of an economy. We examine the functions of money, how it is created, and the special role of the central bank within the economy. NOTE: The following economics courses are highly recommended for students with no prior knowledge of economics: ECON 1150 or ECON 2100 and ECON 2200.