Managerial Economics - Accelerated

Catalog description

MGTECON 203 is the more quantitative version of MGTECON 200. It uses math tools such as derivatives and algebra to explain economic concepts. No previous knowledge of economics is assumed. The class covers key ideas in economics relating to topics such as game theory, dynamic cooperation, pricing, market power, competitive equilibrium, moral hazard, adverse selection, externalities, risk aversion, and auction theory. The goal of the class is to develop a collection of analytical tools that enable one to analyze a wide variety of economic problems and business strategies.