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ECON 560 Managerial Economics

Prerequisites: MGMT 552, MATH 500 and ECON 551, or their equivalents. (Either semester/ 3 credits) 

This course involves the application of microeconomic theory to the business enterprise and the managerial decision-making process. Topics include goals of a firm, decision criteria, analysis and estimation of demand, production and costs and pricing to achieve the firm’s objectives under various market conditions.