MBA 536 - Managerial Economics

Semester Hour(s): 3
Pre-Requisite(s): MBA 532
Core Course Studies the operation of the American market system, discussingits imperfectionsas well as its successes. Analysis of market structure which applies to different types of products and services is supported by a study of cost practices, production modes and demand differences which exist within each industry. Adjustments to the market, such as franchising, pricing methods and capital budgeting are studied as methods of adjustment to various market needs. The course proceeds from theory to real world practice.