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BUSA632: Understanding Economic Decision Making

Course Description

Examines the process of decision making through the lens of managerial economics. Students will develop a critical appreciation of how to frame a "problem" or situation from an economic perspective to inform decisions making by organizations and individuals. In addition to the standard economic concepts (demand, supply, price, cost and market structure), students will gain an understanding of how concepts such as asymmetric information, risk and uncertainty influence strategic decision-making.

Course Credits

  • 3.00