ECN 303 - Managerial Economics

(3) Credits

Explores microeconomic theory and its application to managerial decision making. Examines consumer behavior, cost and output estimation, optimization, pricing issues in competitive and non-competitive markets, decision making under uncertainty and capital budgeting. Satisfies the university general education requirement in the knowledge applications integration area except for economics majors. Prerequisite for knowledge applications: completion of the general education requirement in the social science knowledge exploration and the formal reasoning knowledge foundation areas. (Generally offered every semester).
Prerequisite(s): (ECN 200 and ECN 201) or ECN 210 and (MTH 122 or MTH 154) with a minimum grade of 2.0 in each course.