Economics is concerned with the application of economic concepts
and principles to managerial decision making problems. The course
begins with a review of economic models and the basics of marginal
analysis. Then, along with the theory of consumer behavior and the
theory of the firm different methods of optimization such as linear
programming are discussed. A portion of the course is devoted to
the discussion of various forecasting methods.
PREREQ: ECO 101 and 200. OFFERED: Irregular CREDIT: 3