Course Catalog - 2011-2012

     

MGMT 840 - MANAGERIAL ECONOMICS

Long Title: MANAGERIAL ECONOMICS
Department: Management
Grade Mode: Standard Letter
Course Type: Lecture
Credit Hours: 1.5
Restrictions:
Must be enrolled in one of the following Program(s):
MBA - Executive Program
Description: Part I of the course first covers the basics of consumer demand and then focuses on the relevant costs in making production and pricing decisions, with an emphasis on seeking economics rather than accounting profit. Part II explores incentive problems in decision-making within firms and studies the relation between decision rights, compensation, and performance evaluation in productive organizational design.