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Business-Administration - Course - Managerial Economics

  • Course Code: MBA603
  • Credits: 3
  • Hours Distribution: 3
  • Course Type: Master In Business Administration (MBA)

Course Description

Managerial Economics is the use of economic theory and mathematical and statistical techniques in order to examine how a firm can make economic decisions given the constraints it faces. Topics covered include goals of the firm, marginal analysis, demand theory and estimation, time series and forecasting, theory of production and estimation, cost theory and estimation, pricing and output determination under different market structures, game theory, and pricing in practice. Students will also learn how to use economic information to manage their own finances and investments.