ECON 520 Economics of High Performance
Designed to introduce MBA students to the application of macro- and microeconomic principles to managerial decision-making in the modern organization. Students discuss ways of directing scarce resources in an efficient manner to attain managerial goals and learn to strategically apply economic ideas, theories and methodologies to sustain high corporate performance. Special emphasis is placed on the concepts of corporate responsibility, demand analysis, production and cost determination, pricing and profit analysis, as well as application of computer-based forecasting and model building. Cases and problems are used to understand economic tools and their potential for solving real-world problems. Pre-Requisite: ECON 201, ECON 202 and MATH 140; or ECON 509 or ECON 510
Prerequisite
ECON-201, ECON-202 and MATH-140; or, ECON-509 OR ECON-510