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BUS602: Managerial Economics

$800.00
SKU: BUS602

Professor: TBA

A study of fundamental principles of microeconomics most relevant to managers. Students apply economics principles to identify and solve managerial problems. Topics include supply and demand, production and cost, pricing, market equilibrium, firm competition, market structures, as well as incentives and organizational architecture.

Course Objectives

In addition to the program outcomes marked with an asterisk above, BUS602 is built around four course objectives:

  1. Apply economics principles to recognize processes by which wealth is created in markets and organizations (Bloom's taxonomy level 3).
  2. Discover motives or causes of benefits, costs and decisions in the formation of incentive problems in business organizations (Bloom's taxonomy level 4).
  3. Use economic concepts, theories, and measures of supply and demand to analyze market and competition conditions (Bloom's taxonomy level 3).
  4. Organize facts, data, and ideas in a goal-oriented manner aimed at making strategic decisions for business audience (Bloom's taxonomy level 3).

Each Course Objective listed above is tied to a multi-week Period listed under the "Course Schedule" table in the syllabus.

Books

Title Cost
Froeb, L. M., McCann, B. T., Ward, M. R., & Shor, M.   Managerial Economics (4th edition.). South-Western College. (2015). 352 pages.   ISBN #978-1305259331 $69.00 (Hard copy version)
Total Cost of Course, including Books (at Full Price) $869.00

Syllabus