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Dec 27, 2024
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FINC 000/5211 - Managerial Economics in Business (1.5 cr.)
Prerequisites
Co-requisite: OPMG 5211
Description
This course utilizes micro and macroeconomic analyses in formulating and executing corporate strategy. The mix of academic and applied knowledge enables students to understand how managers can maximize real shareholders’ wealth within the context of 1) the firm’s short and long-run operating cost structure, 2) static and dynamic market structures and, 3) cyclical and structural macroeconomic dynamics. Topics include nameplate capacity, capacity utilization rate, pricing policies and risk management policies among other strategic decisions such as mergers and acquisitions.
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