Prof. Samuel Chuah


Professor of Economics


 

Classes Taught
  • BSAD475-001 Operations Management
    Analysis of problems and issues faced by production/operations managers in manufacturing and service industries. Concepts and techniques include operations scheduling, quality control, plant layout, facility location, line balancing, queues, production and inventory controls, forecasting and linear programming. Prerequisite: STAT285.
  • ECON226-001 Principles of Microeconomics
    Explores theories currently used to explain how people choose what to consume and produce. Analysis extended to well-defined groups such as business firms; also explores the phenomenon called "the market" with its prices and the way people react to them. Algebra used extensively.
  • ECON500-001 Survey of Microeconomics
    An analysis of national income and expenditures according to
    current theories to understand how the overall economy works, as well as a study of theories currently used to explain how people choose what to consume and produce within the capitalistic system. Not available for MBA program.
  • ECON530-001 Operations/Managerial Economics
    The use of economic theory and optimization techniques as tools of management decision making within a business firm are studied. Statistical analyses such as regression techniques will be utilized. A case study is required. While microeconomics serves as a foundation, emphasis on quantitative approaches also requires knowledge of basic calculus and statistics. Prerequisites: ECON226, BSAD475 or INDT460, STAT285. Calculus recommended.
  • ECON525 Global Macroeconomic Analysis
    The study of global macroeconomic issues facing firms. Within the context of competing economic theories, the course considers domestic policies, international trade and payment issues, economic growth, international institutions and the spread of regional crises, and the impact of stabilization policies on firms. Development of a spreadsheet model of an economy is required. Prerequisite: ECON225. Fall
  • ECON225 Principles of Macroeconomics
    Analysis of national income and expenditures according to current theories. Inflation, economic growth, and unemployment are examined, as well as modern banking and the money supply. Applicable toward General Education requirements in the social sciences. Fall
  • ECON328 Money and Banking
    Commercial banking, the operation and controls of the Federal Reserve System, money and credit in circulation, and the effect of monetary policies. Prerequisites: ECON225, 226. Fall
  • ECON440 Public Finance
    The course integrates economic theory with applications in the field of public finance. Focuses on detailed microeconomic analysis of government functions, expenditures, and finance. Recent public finance issues are discussed. Prerequisites: ECON225, 334. Fall
  • ECON415 Introduction to Econometrics
    Topics include probability sampling, hypothesis testing, regression techniques, and problems of multicollinearity, heteroscedasticity, and auto-correlation. Prerequisites: STAT285 or 340, MATH141 or 182. Fall
  • ECON330 Health Economics
    An application of economic principles to the health-care industry. Demand for and supply of health-care services are analyzed to determine their effect on cost. Examines the impact of insurance, technology, and regulation on the industry. Prerequisite: ECON226.
  • ECON335 Intermediate Macroeconomics
    Determinants of aggregate employment, income, consumption, investment, and the price level in contemporary models. Students may not enroll in ECON335 unless they have obtained a grade of C or higher in ECON225. Prerequisites: ECON225, 226. Spring
  • FNCE397 Investments
    The techniques, vehicles, and strategies for implementing investment goals in light of risk-return tradeoffs. Key factors that determine the composition of the individual or institutional
    portfolios emphasized. Prerequisite: FNCE317. Spring
  • BSAD104 Introduction to Business
    The nature of the American business system, including the role of business in society, examination of the functions of a business enterprise, contemporary problems, and future challenges. Career decision-making in terms of business careers. Does not apply
    towards management major during junior and senior years.
  • BSAD365 International Environment of Business
    A survey of the world environment in which international business is conducted, including both economic relations among nations and environmental factors that affect business operations within different nations. Topics include international trade and trade
    restrictions, the balance of payments, the international monetary systems, and the multinational corporation.
Phone: 269-471-3632    Fax: (269) 471-6158    E-mail: sba-info@andrews.edu
Andrews University is a Seventh-day Adventist institution of higher education
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Berrien Springs, Michigan 49104