/ The application of microeconomic theory to managerial decision-making regarding demand, production and cost. The course also examines traditional neoclassical theory of the firm combined with modern adaptations addressing property rights, transaction costs, imperfect information and global markets. Students use linear programming techniques and emphasize critical-thinking skills in managerial problem-solving. Prerequisite: ECON 102
Grade Basis: Letter Grade
Credits: 4.0
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