ECON 308: Managerial Economics and Strategy

ECON 308-C01: Managerial Economics/Strategy
(Summer 2016)

10:30 AM to 12:35 PM MTWR

Enterprise Hall 277

Section Information for Summer 2016

This course utilizes the tools of microeconomics to solve managerial decision problems.  We use models of decision making to apply an objective lens to general decision-making in business areas.  The goal of this course is to use analytical techniques and decision-making tools to analyze decision problems that business people and managers face.   Principles of decision making will be introduced and applied to problems in the business world.

This course seeks to provide students with a framework of how economics can be used by businesses to compete and meet the needs of their customers more effectively. Students will develop their skills to apply game theory and microeconomics to solve business problems.  They will use the tools of microeconomics to analyze the incentives internal to the firm and the market forces external to the firm.  Each student should be able to apply and integrate relevant economic concepts to guide managerial decision making by the end of this course. 

Tags:

Course Information from the University Catalog

Credits: 3

Analysis of major strategic business situations including pricing strategy, incentives and contracts, game theory, and vertical and horizontal integration. Offered by Economics. Limited to three attempts.
Recommended Prerequisite: ECON 306.
Schedule Type: Lecture
Grading:
This course is graded on the Undergraduate Regular scale.

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