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Aug 26, 2024
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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. 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.
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