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BUS602: Managerial Economics


A study of the 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 order to support the Program Objectives for the MBA program, 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 a business audience (Bloom's taxonomy level 3).

Each Course Objective listed above is tied to the weeks listed under the "Course Schedule" table in the syllabus.


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


To register for this course:

  1. If you are not already a student: Apply Now & agree to the terms of the included Enrollment Agreement. Once your application is approved, log in to Populi to register.
  2. If you are a student: log in to Populi, and register from your student dashboard.

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