Decision-making by firms, households and other economic units about production, consumption, pricing, resource allocation, market structure and externalities. Prerequisite: ECON 100.
Distribution Area | Prerequisites | Credits |
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Social Science | ECON 100 | 1 course |
This course presents a variety of optimization problems (such as utility and profit maximization) solved by numerical methods (e.g., Excel's Solver) to develop the economic way of thinking in entrepreneurs, managers, and leaders. Topics may include demand, production and cost, forecasting, and decision-making over time. This is an intermediate-level course designed to prepare students with tools that will be used in further studies. Note: This course does not count as an elective in the Finance major. Prerequisite: ECON 100.
Distribution Area | Prerequisites | Credits |
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ECON 100 | 1 course |