Topics in Managerial Economics
QST PL 714
This course will review the economic principles of demand, cost, and competition and show how they provide a foundation for formulating corporate strategy. While much of the course will be devoted to decisions that maximize profits, we will also examine whether profit maximization is the proper (and only) objective underlying the decisions companies make. Other topics include the determinants of demand, demand elasticity, the relationship between production processes and costs, economies of scale, the distinction between planning-stage and realized costs, marginal analysis, interdependent decisions (game theory), and how market structure affects pricing.
FALL 2019 Schedule
|G1||Hanser||HAR 228||R 6:30 pm-9:15 pm||Webreg
Rsvd for Pemba