2017-2018 Graduate Catalog

ACCT 70420 Economic Foundations of Accounting

1.5 credit hours. Prerequisite: Enrollment in the MAc degree or department permission. This course helps students to explore and understand the economic environment in which accounting exists. We introduce and illustrate how theories from economics help to explain the existence of accounting, its role in organizations and in the global economy, and the behavior of markets, organizations, and individuals within the system.