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Dec 11, 2024
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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
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