ECO 715 - Managerial Economics and Policy

3 Credit(s) This course develops skill in the systematic analysis of the microeconomic aspects of business decisions and in the development of quantitative data of the firm. It deals with an in-depth analysis of the market, the theory of consumer behavior, oligopoly, monopoly, perfect competition, optimal production, costs, profit maximization, corporate pricing and technology. The emphasis is on application of these topics to actual business problems in a competitive enterprise economy.