ECON 319 - Managerial Economics

Unit(s): 4

Economic analysis applied to the management decisions of public or private firms. The course is oriented to case studies that illuminate the content and applicability of such basic economic concepts as marginality, opportunity costs, and market structure. Topics include: demand analysis, resource allocation, production economics, and cost analysis; profitability analysis; price and nonprice competition; capital budgeting; and long-range strategy formulation.

Prerequisite(s): ECON 305 and ECON 317.
Typically Offered Variable Intermittently
Grading: GRD