BUS 640 Managerial Economics

BUS 640 Managerial Economics Week 1 to 6

WEEK 1

Economics of Risk and Uncertainty Applied Problems

Discussion 1: Firm Objectives

Discussion 2: Decision Making Under Uncertainty

WEEK 2

Consumer Demand Analysis and Estimation Applied Problems

Discussion 1: Marginal Rate of Substitution

Discussion 2:  Demand Elasticity

WEEK 3

Production Cost Analysis and Estimation, Applied Problems 1, 2 and 3

Discussion 1: Relevant Costs

Discussion 2: Contribution Analysis

WEEK 4

Market Structures and Pricing Decisions, Applied Problems

Journal - Economics in News

Discussion 1: Strategic Behavior Oligopolies

Discussion 2: Local Market Power

WEEK 5

Price Quotes and Pricing Decisions, Applied Problems

Discussion 1: Good Will in Price Bidding

Discussion 2: New Product Introduction

WEEK 6

Final Paper - Managerial Decision Making

Discussion 1: Game Theory and Strategic Behavior

Discussion 2: Sustainable Competitive Advantage