ECN 228 - Introduction to Managerial Economics

4 credits (Fall or Spring)

Managerial Economics presents a microeconomic approach to business decisions. The concepts and problems are analyzed from the perspective of the firm and the managers’ decisions. Emphasis is thus placed on the study of the production process and the analysis of interactions in markets, both with the customers and the rival firms. Topics include: managing in competitive, monopolistic, and oligopolistic markets; strategic interactions and game theory; pricing; information and market structure; and regulation and public policy.

Prerequisite: ECN 111 with grade S, C, or better.
Instructor: Montgomery