2023-2024 Undergraduate Catalog *As of 06/01/2024 
    
    Dec 21, 2024  
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2023-2024 Undergraduate Catalog *As of 06/01/2024
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BUAD 364 Managerial Economics

Credit 3
This course is the application of economic theory and methodology to managerial decision-making and policy formulation organizations settings such as business firm or government agency in local or global context. Emphasis will be on demand analysis, production and cost analysis under different market conditions, and decision-making under uncertainty. This course requires some exposure to economics, and fair knowledge of basic algebra and calculus. Managerial Economics is basically an applied quantitative course in which managerial problems are studied, analyzed and solved using economic models including graphs, diagrams, mathematical expressions, and equations. Prerequisite(s): BUAD 252 , ECON 201  , BUAD 302  with grades of ‘C’ or better.


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