ECON 308: Managerial Economics and Strategy

ECON 308-001: Managerial Economics/Strategy
(Fall 2017)

12:00 PM to 01:15 PM TR

Planetary Hall (formerly Science & Tech I) 122

Section Information for Fall 2017

Course Description:  The first half of this course introduces concepts relevant to the design of institutions and organizational incentives that improve business practice.  This part will consist of a series of short lectures with participation in, and discussion of, demonstration experiments that illustrate different managerial economics concepts.  In the second part of the course students work in teams to put the theory learned in the first half of the course into practice.  Teams will research a real world problem caused by an institutional design or organizational incentive system and then designing a solution to improve business performance.  When you finish this course, you will be able to analyze the incentives produced by different institutional rules in different economic environments and be able to propose changes to improve buisness performance.   


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. May not be repeated for credit.
Recommended Prerequisite: ECON 306.
Schedule Type: Lecture
This course is graded on the Undergraduate Regular scale.

The University Catalog is the authoritative source for information on courses. The Schedule of Classes is the authoritative source for information on classes scheduled for this semester. See the Schedule for the most up-to-date information and see Patriot web to register for classes.

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