HONORS Managerial Economics

(3 Credit Hours) · Undergraduate

This section is an honors section and satisfies requirements in the Business Honors Program. The course gives a broad overview of the theory of microeconomics with the objective to develop students' ability to apply economic principles to decision making in a corporate environment. The course introduces concepts and topics related to market structures, behavioral economics, game theory, dynamic pricing and strategic pricing. The course starts from where ECON 10011 (Principles of Economics) left off without much review. The accelerated nature of the course allows one to introduce further advanced topics such as network effects, auctions, and possibly others, time permitting. The course identifies and examines the issues faced by corporations in greater depth by presenting empirical research results and real case discussions. If you felt comfortable with the material covered in Principles of Economics, are curious about how corporations use microeconomics to make decisions, and are ready to move at a faster pace, this may be the course for you. It will help you develop the necessary skills to pursue more advanced business courses and become a successful business professional and leader.