SUS 6020 - Managerial Economics

Institution:

Alliant International University

Subject:

Description:

Managerial Economics is designed to provide an introduction to the traditional field of microeconomics as it applies to business decisionmaking. Topic covered include: supply and demand theory; production theory; profit maximization; firm structure; types of markets, pricing strategies, and the economics of information. As an addition to the traditional MBA economic curriculum, this course will also consider how neo-classical economics fails to adequately incorporate ecological constraints into models and assumptions, and will suggest ways that traditional economic theory can better include these constraints. To this end, the course will also cover: market failure; the steadystate economy; natural capital; economics and entropy; and optimal scale. The course includes a one-unit survey of introductory economics.

Credits:

3.00 - 4.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.alliant.edu

Phone Number:

(866) 825-5426

Regional Accreditation:

Western Association of Schools and Colleges

Calendar System:

Semester

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