Managerial Economics

0.5 credits · Undergraduate

A study of the various ways in which microeconomic principles and quantitative tools can be used to aid managers in making sound decisions. Topics include forecasting consumer demand, production and cost analysis, optimal pricing and production decisions, optimal hiring and investment decisions, and capital budgeting. Prerequisite: ECON 1010H and 1020H. Equivalent to ECON 3400H.