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Institution:
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Western New England University
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Subject:
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Description:
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Prerequisite: MATH 123 or MATH 133. Managerial economics is part of the education of managers, engineers, and other professionals who are involved in decisionmaking. It provides a framework for assembling information and analyzing alternative decisions. The principle problems studied are those of optimization, forecasting, risk avoidance, and business decision making. Its principle tools are drawn from economic theory and statistics. Calculus and numerical calculations are used to develop and analyze the data that theory has demonstrated to be relevant. 3 cr.
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Credits:
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3.00
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Credit Hours:
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Prerequisites:
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Corequisites:
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Exclusions:
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Level:
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Instructional Type:
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Lecture
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Notes:
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Additional Information:
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Historical Version(s):
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Institution Website:
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Phone Number:
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(413) 782-3111
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Regional Accreditation:
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New England Association of Schools and Colleges
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Calendar System:
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Semester
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