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| ECON 30100 - Managerial Economics |
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Learning Outcomes: 1. Learn how to identify goals and constraints, and use inductive and deductive reasoning to draw logical conclusions. 2. Recognize the nature and importance of profits in directing resources to their highest value in use. 3. Understand how incentives shape individual and institutional decisions. 4. Understand the functioning of markets in managing individual and social allocation of scarce resources. 5. Recognize the importance of time value of money in making sound managerial decisions. 6. Learn the value of "thinking at the margin" when we seek to reach optimal outcomes. Required Materials: Technical Requirements: |
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