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Oct 31, 2024
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ECON 473 - Economics of Entrepreneurship (3 units)
This course examines entrepreneurs in the context of the broader economic system including how economic conditions and incentives affect entrepreneurship, and the impact of public policies such as subsidies, taxation and market regulation on entrepreneurship. (ECON 473 and ENT 473 are cross-listed; credits may be earned in one of the two.)
Prerequisite(s): ECON 102 or HON 220 .
Grading Basis: Graded
Units of Lecture: 3
Offered: Every Spring
Student Learning Outcomes
Upon completion of this course, students will be able to:
1. apply economic framework to entrepreneurial decisions using concepts such as profit and utility maximization, constraints, opportunity cost, and risk preferences.
2. discuss the traits and roles of entrepreneurs.
3. analyze markets for entrepreneurial financing.
4. discuss why entrepreneurship is the focus of policy initiatives.
5. analyze market failures that affect entrepreneurs and to evaluate the potential for public policy to correct these failures.
6. create a presentation of entrepreneurship policy in written and oral form.
Click here for course scheduling information. | Check course textbook information
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