Description: Introduces students to principles of microeconomic analysis used in managerial decision-making. Topics include: demand analysis, cost and production functions, the behavior of competitive and non-competitive markets, sources and uses of market power, and game theory and competitive strategy, with applications to various business and public policy decisions. Antitrust policy and other government regulations are also discussed.
Course #: 15.010
Professor(s) who recently taught this course:
Eric Van den Steen