The
Department of Economics
Course Description
ECON 5033—Managerial Economics
This course emphasizes practical applications of economic theory and techniques to business problems. The major topics to be covered include quantitative demand analysis, consumer behavior, production and cost analysis, optimal output and pricing decisions in alternative industry structures, strategic behavior in the oligopoly market, risk analysis and managerial incentives. Real world examples will be utilized to demonstrate the theoretical models developed in class.
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