Managerial Economics and Business Strategy. (3-0) 3 Credit Hours

Catalog description

Prerequisite: ECO 2023 and MAT 1053 (or equivalent) with a grade of "C-" or better. This course applies economic principles to managerial decision-making and strategic planning, focusing on how managerial choices influence value creation and firm competitiveness across different market structures and business environments. Key topics include the role of incentives, information asymmetry, and agency in organizational structure, pricing strategies, procurement, and employment contracts. (Formerly titled: "Economics of Managerial Decisions.") This course has Differential Tuition.