Managerial Economics

This course provides students of business, economics, management, and marketing with systematic analytical tools to managerial economics. The course is an integration of economic theory and methodology with the analytical tools for application to decisionmaking about the allocation of scarce resources in public and private institutions. Topics covered include risk analysis, theory of consumer choice, analysis of demand, production and cost functions, forms of competition, pricing techniques, profits, and game theory. Prerequisites: ECN 211, STA 206 and STA 207 or STA 210 or STA 220.