MBA 5042 - Managerial Economics
The intent of this course is to prepare business leaders to make optimal decisions that are guided by economic theory in a wide variety of situations and market structures. Insight and creativity are integral characteristics of an effective manager which can be cultivated with the study of economics in general, and microeconomics and game theory in particular. This course will further these skills by considering a multitude of real-world problems and case studies as well as hands on project-based learning. While profitability and operational efficiency will be major themes for the course, the lessons learned in this class are widely applicable to nonprofit institutions or philanthropic ventures.
Course Texts, choose one of the following:
Section 1 (Incentives, Opportunity Costs, S&D, Applications)
Section 2 (The Empirics Strike Back)
Section 3 (Structure, Conduct, Performance)
Section 4 (Strategy and Misbehaving)
- Variable descriptions