Managerial Economics

3 credits · Undergraduate

This course is concerned with the application of economic principles and methodologies to key management decisions within organizations. It provides principles to foster the goals of the organization, as well as a better understanding of the external business environment in which an organization operates. Topics may include: demand, production, and cost analysis; market structure and pricing practices; objectives in private and public organizations; regulation and; entrepreneurship. Prerequisite(s): ECON 100-3 and ECON 101-3