Course Catalog - 2024-2025

     

MGMT 540 - MANAGERIAL ECONOMICS

Long Title: MANAGERIAL ECONOMICS
Department: Management
Grade Mode: Standard Letter
Language of Instruction: Taught in English
Course Type: Lecture
Credit Hours: 1.5
Restrictions:
Must be enrolled in one of the following Program(s):
MBA
MBA for Online Program
MBA Hybrid
Must be enrolled in one of the following Level(s):
Graduate
Graduate Quadmester
Description: Managerial economics deals with the application of microeconomic concepts for managerial decision making. The course covers market determination of prices, the impact of government interventions in markets, demand analysis and company pricing and output decisions to maximize profit, the short- and long-run profitability of companies under different market structures, game theory and strategic decision making, and the role of incentives in an organization.