2010-2011 Academic Catalog 
    
    Oct 18, 2024  
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2010-2011 Academic Catalog [ARCHIVED CATALOG]

ECON 4004 - Management Economics

Managers of organizations—whether for profit, nonprofit or government agencies—face a common set of resource-allocation problems. This course will develop a student’s ability to formulate and solve these problems, drawing upon the economic theories of consumer demand, the firm and industrial organization, as well as mathematical optimization techniques. It will provide a framework for analyzing the flexible multiproduct firm, as well as competitive and cooperative business situations from a strategic (game theoretic) perspective. Topics to be surveyed include: demand analysis, production and cost analyses, flexible manufacturing, market structure and strategic behavior, pricing practices, government regulation and decision making under uncertainty.

When Offered: Seven weeks

Faculty: TBA
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