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Feb 04, 2025
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ECON 3050 - Managerial Economics
Analysis of decision-making in enterprise; market environment; measurement of influence of policy and nonpolicy variables on sales and costs; sales, cost, and profit forecasting; and empirical studies of market structure and pricing.
Requisites: ECON 1030 and (MATH 1350 or 2301 or 2302)
Credit Hours: 3
Repeat/Retake Information: May be retaken two times excluding withdrawals, but only last course taken counts.
Lecture/Lab Hours: 3.0 lecture
Grades: Eligible Grades: A-F,WP,WF,WN,FN,AU,I
Learning Outcomes: - Describe and understand market structure.
- Describe and understand pricing strategies.
- Understand concepts of optimization.
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