Economics and Institutions is a survey course intended to introduce first-semester MBA students to basic principles of economics and financial institutions. This wide-ranging course will introduce elements of microeconomics, macroeconomics, financial institutions, corporate governance and basic prerequisite tools for financial analysis. We will assume that students will have had no previous exposure to these topics, but the pace of the course will be fast and a substantial amount of material will be covered. Upon successful completion of this course, students should have the economics and markets preparation sufficient to enroll in other introductory courses in the MBA program and certain more advanced economics and finance courses as well. In addition, after completing this course, students should have a basic feel for the roles various governments and financial institutions in the world economy and how individual economic agents make economic and financial decisions. More details are provided in the course syllabus and detailed notes and problems (with solutions) are available in the Readings and Coursepack . Other useful information and links are provided below and in Teaching and Courses . Students are encouraged to contact the instructor about any questions or problems that they encounter. Check the News link for various updates. Numerous problems and exercises with solutions are available through links below to the Readings and Coursepack , Sample Exams and Additional Problems . Students should not attempt this course with an insufficient quantitative background (including a comprehension of subject material from Algebra,  Finite Mathematics, Calculus, Statistics and an introductory finance course. Elementary prerequisite work is available through the Elementary Mathematics Review (for elementary matrix mathematics and calculus) and Additional Readings links below. Other useful information and links are provided below and in Teaching and Courses . Contact information and office hours are listed on the course syllabus. Check the scrolling Status Bar below and the News link for various updates.