BSAD 503 Managerial Economics
Introduces microeconomic theory and analysis that is useful for managerial decision making and policy formulation. Applies economic principles to the analysis of production, marketing, and financial issues, and to developing general operating strategies. Linear programming, input-output analysis and other quantitative techniques are introduced.
PRQ: ECON 101 and 102 or BSAD 502; BSAD 501 or equivalent.
Skills developed: analytical and problem solving
Practical application: analysis of case problems using collaborative learning, mathematical tools, computer software and non-quantitative reasoning