Pre-requisites: Economics 103, 105 and Mathematics 111 or 113

 

Required text: Dominick Salvatore, Managerial Economics in a Global Economy 4^th edition, Harcourt College Publishers 2001

 

Course Objectives: The objective of this course is to provide students with the tools that managers require in order to interpret the world and to make decisions.  The core of a managerial economics course consists in intermediate microeconomics.  Around this core are added complimentary statistical and quantitative tools.  Calculus is a prerequisite for this course.  Topics covered in this course include Supply and Demand, production theory, market structures, game theory, decision theory, capital budgeting, and regression analysis.

           

Grading:         Final grades will be determined according to the following

                        Two mid-terms (@25% each)                       50%

                        Final Examination                                        35%

                        Cases, Constructive Class Participation

                        and Assignments Preparation                        15%