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ECON 503

Department

Economics

Course Code

ECON 503

Course Title

Managerial Economics

Course Credit

3

Prerequisite Course

Econ 221 or equivalent

Course Level

-

Course Description

The course covers the following topics: an introduction to economic relations, optimization techniques, demand theory and elasticities, estimation of demand functions, production functions and their estimation, cost functions for the short and long run and their estimation, linear programming, pricing practices, investment decisions, risk analysis, the role of government in business decisions, and some macroeconomic relations relevant to business decisions.

Course Material

-

Reading Recommendation

-

Course Language

English

Last updated on : January 12, 2023 12:51am