ECON 606 - Managerial Economics

Units: 3
Focuses on applying analytical tools from economics to make better managerial decisions. Representative topics include pricing, costs and profits, multi-period production, strategic decision making and uncertainty, principal-agent problems, market structure, and price discrimination. Formerly BUS 606.

Prerequisites: Post-baccalaureate standing, satisfaction of the WST.
Equivalent Quarter Course: ECON 6215.
Possible Instructional Methods: Entirely On-ground or Hybrid.
Grading: A-F grading only.
Student Learning Outcomes - Upon successful completion of this course students will be able to:

Apply economic reasoning to recognize business problems facing an organization.
Use economic analytical tools to solve business problems facing an organization.
Recognize and exploit opportunities for profit and value creation.
Think and act strategically.
Design pricing strategies to maximize profit.