| |
Mar 29, 2026
|
|
|
|
|
ECN 405 - Managerial Economics
This course applies to microeconomics and macroeconomics theory and economic models to solving real world business problems. The topics covered include demand, supply and equilibrium prices, production and cost analysis, market structure and its effects on product pricing strategies, role of money in macro economy, risk analysis, managerial decision-making in a global economy, and the role of government in business.
Credit(s): 3
Prerequisite(s):
ECN 201 and ECN 202 .
Outcomes
- Apply supply and demand theory to analyze and predict demand changes
- Evaluate the change between the various types of market structures and their impact on pricing
- Apply decision making models to improve managerial decision-making
- Appraise the impact of the role of money and government in managerial decision-making
- Predict possible managerial decision-making outcomes under conditions of asymmetric information
- Examine the influence of the international economy on managerial decision-making
Add to Favorites (opens a new window)
|
|
