printer friendly pageMGTECON 200: Managerial Economics
MGTECON 200 is a base-level course in microeconomics. It covers microeconomic concepts relevant to management, including the economics of relationships, pricing decisions, perfect competition and the "invisible hand," risk aversion and risk sharing, and moral hazard and adverse selection. This year we are piloting a "flipped classroom" where students will be expected to work through the online modules before each class and the time in class will be devoted to solving problems and discussing cases.
Terms: Win
| Units: 3
Instructors:
Sannikov, Y. (PI)
;
Sugaya, T. (PI)
MGTECON 203: Managerial Economics - Accelerated
MGTECON 203 is the more quantitative version of
MGTECON 200. It uses basic math such as derivatives and algebra, as opposed to excel simulations and plots. Previous knowledge of economics is not necessary. The business world has become more quantitative and economics-oriented in the last 30 years, but many of the key ideas in economics, relating to topics such as pricing, monopoly, imperfect competition, game theory, moral hazard and adverse selection, public choice, externalities, risk aversion, capital market pricing and equilibrium, and auction theory can all be usefully approached with a relatively small amount of math. The goal is to develop a small number of intellectual tools that enables one to analyze a wide variety of economic problems.
Terms: Win
| Units: 3
Instructors:
Skrzypacz, A. (PI)
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