| Course | BUSI 620 Global Economic Environment (BUSI620) |
|---|---|
| Credit hours | 3 |
| Program | MBA |
| Length | 8 Module/Weeks, online |
| Weeks with written work | 7 of 8 |
| Samples on this site | 7 week sample papers |
| Sources | Liberty's 2026-2027 catalog and the published BUSI 620 course guide |
| Updated | October 2026 |
What BUSI 620 covers
Baye and Prince's chapters are read in order, chapters 1 and 2 in Module/Week 1 through chapters 12 and 14 in Module/Week 8, skipping chapters 4, 9 and 13, with two or three presentations a week and a LearnSmart quiz on each block.
The six forums in Module/Weeks 1 to 6 are worth 12 points each; seven 80-point homework sets answer the textbook's end-of-chapter questions and problems; three 60-point open-book tests of 30 questions fall in Module/Weeks 3, 5 and 8; and the 100-point Research or Interview Paper, 7 to 9 double-spaced pages, is due in Module/Week 7.
This course covers the tools of microeconomics useful in the analysis of producer and consumer behavior. The economics of demand, production and cost, and pricing and output decisions in a market system form the core of an approach adapted to the challenges faced by managers in the private, public, and nonprofit sectors of the economy. The coverage is from the domestic, as well as global perspectives.
BUSI 620 week by week, with the sample for each
| Week | Written work in the course guide | Points | Sample |
|---|---|---|---|
| Week 1 | DB Forum 1 (Course Requirements Checklist, Quiz 1 and Homework 1 also due) | 12 | Read the Week 1 sample |
| Week 2 | DB Forum 2 (Quiz 2 and Homework 2 also due) | 12 | Read the Week 2 sample |
| Week 3 | DB Forum 3 (Quiz 3, Homework 3 and Test 1 also due) | 12 | Read the Week 3 sample |
| Week 4 | DB Forum 4 (Quiz 4 and Homework 4 also due) | 12 | Read the Week 4 sample |
| Week 5 | DB Forum 5 (Quiz 5, Homework 5 and Test 2 also due) | 12 | Read the Week 5 sample |
| Week 6 | DB Forum 6 (Quiz 6 and Homework 6 also due) | 12 | Read the Week 6 sample |
| Week 7 | Research or Interview Paper | 100 | Read the Week 7 sample |
| Week 8 | Homework 7 on the textbook's end-of-chapter problems, Quiz 7 and Test 3 only | No written paper this week |
Where BUSI 620 papers lose points
BUSI 620 posts lose points when a forum thread uses a market elasticity to decide one firm's price, confuses a change in demand with a change in quantity demanded or calls a Nash equilibrium the best outcome, and when the research paper summarizes articles on a broad topic without applying the course's tools to a decision with numbers.
Using a BUSI 620 sample well
The samples draw on research about rent control and housing supply, the price elasticity of gasoline demand, transaction costs and vertical integration in the auto industry, rising industry concentration and profit margins, a nineteenth-century railroad cartel's price wars, price discrimination on Broadway and exchange rate pass-through, invoicing currency, imported inputs and exporters' markups.
BUSI 620 questions, answered
What is the BUSI 620 Research or Interview Paper?
A 100-point paper in Module/Week 7, 7 to 9 double-spaced pages without an abstract, either researching a managerial economics topic with at least three references or reporting an interview with an executive or manager on five questions.
What are the BUSI 620 homework assignments?
Seven 80-point sets, one each week except Module/Week 7, answering questions and problems taken from the end of Baye and Prince's chapters; together they make up more than half of the course grade.
What textbook does BUSI 620 use?
Baye and Prince's Managerial Economics and Business Strategy, covering market forces, demand analysis, production and cost, the organization of the firm, market structure, game theory and pricing strategies.
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