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Spring 2013
Apr 18,2014
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MBAD 602 - MANAGERIAL ECONOMICS
All functional areas of business--accounting, finance, marketing, and production--employ microeconomic techniques and principles. Therefore, it is important that any manager operating in the field of business be able to think like an economist. This course is divided into two main components: (1) a study of the various ways in which microeconomic principles and quantitative tools can be used to aid managers in making sound decisions. This course applies the ideas and methodology of economics to analysis of the firm, key decisions within the firm, and the industry. Topics covered include the balance of payments, international flow of funds, international parity relationships, costs, pricing, competition, economic efficiency, and industry equilibrium and change. Particular attention is paid to behavior of the firm and industries when uncertainty and transaction costs exist. Issues of public policy, especially regarding antitrust issues, are also covered. (2) an introduction to the main macroeconomic phenomena that affects the management of a corporation.
0.000 TO 3.000 Credit hours
0.000 TO 3.000 Lecture hours

Levels: Graduate
Schedule Types: Lecture

Business Administration Department

Course Attributes:
MBA COURSE FOR GRAD FEE ASSESS

Restrictions:
Must be enrolled in one of the following Programs:     
      NMG-Non-Degree MBA
      MBA-Business Administration
Must be enrolled in one of the following Levels:     
      Graduate

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