MGRECON547F
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Fundamentals of Business Economics
Subject
MGRECON
Catalog Number
547F
Title
Fundamentals of Business Economics
Course Description
This course covers the fundamental ideas and tools of microeconomics. The course begins with: (i) supply and demand analysis, the basic tool for analyzing and understanding competition and the market determination of prices and quantities; (ii) consumer choices and market demand; and (iii) production and cost theory. The tools for market structure analysis are then developed and applied to monopoly and oligopoly markets as well as to price discrimination. Game theory tools are developed and applied to analyze strategic interactions. This course is for MMS: Foundations of Business students.
Grading Basis
Credit
Consent (Permission Number)
No Special Consent Required
Min Units
3
Max Units
3
Lecture