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Detailed Course Information

 

Mar 29, 2024
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ECON 30100 - Managerial Economics
3.0 | LEC 3 3.0 | 3.0 | DIS 0 3.0 |

3.000 Credit hours

Syllabus Available
Levels: Graduate, Professional, Undergraduate
Schedule Types: Distance Learning, Lecture

Offered By: School of Management
Department: School of Mgmt Adm & Instr

Course Attributes:
Upper Division

May be offered at any of the following campuses:     
      Northwest- Westville
      Northwest- Hammond
      West Lafayette

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.


Restrictions:
Must be enrolled in one of the following Programs:     
      Management-BSIM
      Management-BS
      Accounting-BS
      Economics-BA

Prerequisites:
Undergraduate level ECON 25100 Minimum Grade of C- or Undergraduate level ECON E2010 Minimum Grade of C- or Undergraduate level ECON E1030 Minimum Grade of C-

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Release: 8.7.2.4