Managing in a Global Economy

Catalog description

This course uses the tools and techniques of economic analysis to solve business problems in a global marketplace. Managerial economics bridges the gap between traditional economics and business decision making. The course will include demand theory and estimation, production theory, cost analysis, market structure, pricing policies and business investment decisions. The course will also study from a management perspective the impact of various external and internal environments (e.g., technological, legal, regulatory, political, socio-cultural, economic) on national and international business organizations, as well as trade and foreign exchange topics.