Short Course Description
Microeconomics is concerned with the behavior of consumers and firms, acting and interacting in different industries and in in various competitive environments. The course will build on economic principles to introduce concepts and tools that are vital to managerial and business decisions.
Upon course completion, the student will be able to:
1. Critically assess the competitive environment in which firms operate.
2. Integrate cost and demand considerations into pricing decisions.
3. Apply integrative economic reasoning when faced with business decisions.
Prerequisite: Students should be familiar with calculus as this is an extremely useful tool for analyzing economic models.
Full Syllabus
