Faculty Name

John Reardon

Document Type

Syllabi

School

HSB

Department

EFAQ

Course Subject

MBA

Course Number

8240

Course Section

M54

Course Title

Managerial Economics

Academic Term and Year

Fall 2014

Credits

2.00

Course Description

This course examines supply and demand and the effect of elasticity on price, income and total revenue. With this foundation, marginal analysis and opportunity cost concepts will be introduced. The course will then examine how economic principles are impacted by different market structures (perfect competition, monopoly, monopolistic competition and oligopoly). The course will conclude with analysis on how economics impacts strategy and business decision-making.

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