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Nov 24, 2024
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2016-2017 Academic Bulletin [ARCHIVED CATALOG]
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ECON 240 - Introduction to Managerial Economics
Credits: 4
An exploration of the roles and responsibilities of the corporation in society, decision-making processes in business and other kinds of organizations, and basic concepts used by managers. Students examine the goals and organizational structures of firms; strategies for surviving in a competitive global economy; corporate ethics; relations with employees, investors, and other stakeholders; the regulatory environment; and the implications of globalization for today’s managers. Managerial economics draws upon a variety of sub-disciplines, including theory of the firm, industrial organization, corporate finance, accounting, and international trade. Case studies are used throughout to allow students to apply the theories to real world situations.
Prerequisite: ECON 100 and/or ECON 101 .
Distribution Requirements: SB.
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