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Course Information

Managerial Economics (ORM 401)

Term: 2014-2015 First Session

Faculty

Prof. James Ibe
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Schedule

Wed, 6:00 PM - 10:00 PM (6/9/2015 - 7/21/2015) Location: MAIN AH 104

Description

Managerial Economics focuses on the principles of economics as they need to be understood and used by managers and supervisors in all fields. In this era of ?downsizing? or ?rightsizing? brought on by international competition and globalization of every part of the American way of life, it is crucial that managers at every level understand and use the principles of economics to aid in making sound decisions. The objective of this course is to provide students with a sound foundation of economic principles and theory that can be used in making managerial decisions that relate to resource allocation.