BUSN 7206X Microeconomics for Business Decisions
(Prior to Fall 2010, this course was known as BUS 706.
The information below might still reflect the old course numbers. Bracketed numbers, if any, are the old course numbers. Learn more...)
30 hours plus conference; 3 credits
Drawing upon modern managerial economics, this course will develop students' ability to apply the tools of economic analysis to make business decisions. The course will cover the following topics: economists' view of behavior, markets and organizations, demand, production and cost, market structure, pricing, strategy and game theory, incentive conflicts and contracts, organizational architecture, decision rights, human resource decisions, vertical integration and outsourcing, leadership and change within organizations, regulation, and creating organizational architectures that foster ethical behaviors.