ISS 507E - Managerial Economics

Course Objectives

This course provides a broad overview of economics suitable as an introduction to all graduates. It is designed to develop students’ knowledge of economic ideas in the context of contemporary issues using the tools of elementary economic analysis. Students are shown how to apply economic reasoning to a range of problems relevant for understanding the mechanisms and institutions, which allocate and distribute resources. Students are introduced to theories of individual (micro) behavior, including consumer decision-making as well as firms’ conduct in different market structures

Course Description

This course provides a broad overview of economics suitable as an introduction to all graduates. It is designed to develop students’ knowledge of economic ideas in the context of contemporary issues using the tools of elementary economic analysis. Students are shown how to apply economic reasoning to a range of problems relevant for understanding the mechanisms and institutions, which allocate and distribute resources. Students are introduced to theories of individual (micro) behavior, including consumer decision-making as well as firms’ conduct in different market structures