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Nov 03, 2024
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ECN 303 - Managerial Economics(3) 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 requirements 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 201 and (ECN 200 or ECN 202)) or ECN 210) and (MTH 122 or MTH 154) with a minimum grade of 2.0 in each course.
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