Economists monitor things like the gross domestic product (gdp), unemployment rates, and inflationary trends to ensure a healthy which fundamentally determines the well-being of citizens.
a monopoly refers to a sector or industry dominated by one corporation, firm or entity. monopolies can be considered an extreme result of free-market capitalism in that absent any restriction or restraints, a single company or group becomes large enough to own all or nearly all of the market (goods, supplies, commodities, infrastructure and assets) for a particular type of product or service. antitrust laws and regulations are put in place to discourage monopolistic operations – protecting consumers, prohibiting practices that restrain trade and ensuring a marketplace remains open and competitive. "monopoly" can also be used to mean the entity that has total or near-total control of a market.
if students are looking to complete a bachelor’s degree in business administration, they can typically expect to enroll in a four-year program. this time may be truncated to two years if a student is coming in from another collegiate program with transferable credits.
in order to complete a bachelor’s in business administration program in two years, transfer students typically must have either an associate degree or a minimum of 60 transferable credits. students who hope to apply transfer credits to a program should confirm that their credits are eligible.