Geology students reviewing a topographical map. background

Course Catalog

Managerial Economics

The application of microeconomic theory to managerial decision-making regarding demand, production and cost. Traditional neoclassical theory of the firm combined with modern adaptations addressing property rights, transaction costs, imperfect information and global markets. Use of linear programming techniques, emphasis on critical-thinking skills in managerial problem-solving. Prerequisite: ECON 102.

Grade Basis: Letter Grade

Credits: 4.0