ECO 642 - Managerial Economics

(3 Credits)

The course focuses on the application of economic principles and methodologies to the decision-making process of a profit-maximizing firm. The course establishes a foundation in theories of consumer behavior, market analysis, production and cost analysis. The course, then, uses this foundation to build students’ skills to apply economic tools in a variety of decision-making situations, including market analysis, product level and pricing.

Prerequisite(s): BUS 598 (formerly MAT 598) or equivalent