printer friendly pageMGTECON 209: MSx: Microeconomics
This course is an introduction to Microeconomics, focusing on concepts and topics relevant to managerial decision making. Topics include the economics of relationships (reciprocity, reputation, credibility, and transaction-cost economics), maximization via marginal analysis, price discrimination, double-marginalization and distribution channels, perfect competition and the case (such as it is) for competitive markets, externalities, choice under uncertainty, risk sharing and spreading, adverse selection and signaling, and moral hazard and incentives. No prior Economics background is required but students who have not had courses in this area (or not had one in a very long time) may want to "review" at the level of a high-school advanced placement course. Required math background includes ability to solve linear and quadratic equations in one unknown, to solve two simultaneous linear equations, basic differential calculus, ability to work with Excel spreadsheets. It is desirable that students are familiar with the Solver add-on to Excel.
Terms: Sum
| Units: 3
Instructors:
Kreps, D. (PI)
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