Managerial Economics

at school(s) in United States or delivered online/live/on-site/by e-learning

Managerial Economics
Course Format: Classroom
School/Trainer: Albers School of Business and Economics [All Courses]
Training Center(s)/Venue(s): Seattle, Washington, United States
Jobs & Resumes: Seattle
Houses & Roommates: Seattle

Develops a coherent economic framework for effective managerial decision-making. Introduces fundamental economic concepts, and discusses the goals of the firm. Surveys market forces of supply and demand, examines the role of elasticity, and studies the theory of consumer behavior on which demand is based. Presents production, cost and revenue concepts, and analyzes input demand and output suppl......

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Managerial Economics explores the nature and determinants (including market forces) of decisions about profit-maximizing production and pricing. ...

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Teaches students to solve problems by (i) identifying profitable decisions using benefit-cost analysis, and (ii) ensuring that employees enough information to make profitable decisions, and the incentive to do so. Specific topics include: investments, pricing, scale and scope economics, long-run strategy, price discrimination, bargaining, auctions, supply and demand, adverse selection, moral ha......

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