ECO 302 - Managerial Economics

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.

Prerequisite: ECO 101 and 200.
When Offered: Fall, Spring
Credit: 3