|
Managerial Economics |
|
MANAGERL ECON |
| CLASS CODE: |
ECON 300 |
CREDITS:
3
|
| DIVISION: |
BUSINESS & COMMUNICATION |
| DEPARTMENT: |
ECONOMICS |
| GENERAL EDUCATION: |
This course does not fulfill a General Education requirement. |
|
| DESCRIPTION: |
This course is designed to enhance the student's understanding of how micro economic analysis can be applied to modern business decision making. |
| TAUGHT: |
Winter 2004, Winter 2005, Fall 2005, Summer 2006 |
| CONTENT AND TOPICS: |
- Demand estimation
- Forecasting
- Production
- Cost
- Market structure
- Input pricing
- Risk analysis
|
| GOALS AND OBJECTIVES: |
- Become familiar with the micro economic tools necessary for sound managerial decision making.
- Be introduced to managerial economic topics such as regression, forecasting, demand analysis, cost, production, and game theory.
- Develop mathematical and graphical models that allow for managerial economic analysis.
- Review and develop basic mathematic tools used in optimization analysis.
- Provide real world examples that incorporate managerial economic tools.
- Write on a variety of managerial economic topics.
- Develop analytic and logic skills in managerial problem solving applications.
|
| REQUIREMENTS: |
Weekly homework assignments, quizzes, research and writing assignments, and exams. |
| PREREQUISITES: |
Economics 111, 112 |
| OTHER: |
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| EFFECTIVE DATE: |
August 2001 |