Managerial Economics

Catalog description

This course will introduce the intermediate microeconomic theory with applications focusing on the area of technology and engineering management. Specific topics should cover the nature of firms, consumer demand, production theory, cost estimation, market structure and competition, pricing strategies and practices, firm capital budgeting and risk, multinational corporations, government, and industrial policies. This course shares lectures with ECON 4014, with additional expectations for graduate credit, such as a term paper.