AEM 5600

Managerial Economics

Course Description

Course information provided by the 2025-2026 Catalog.

This course covers topics in microeconomics that inform managerial decisions, including intermediate principles of microeconomics. Examples will be drawn from recent business cases.

Prerequisites REF-FA25/Corequisites REF-FA25 ECON 1110, ECON 1120, MATH 1110 or equivalents. Corequisites: None.

Forbidden Overlaps REF-FA25 AEM 2600, AEM 5600, ECON 3030, PUBPOL 2000

Enrollment Priority REF-FA25 Enrollment limited to: MPS students in Applied Economics and Management.

Last 4 terms offered (None)

Outcomes REF-FA25

• Know and be able to use economic models of production and consumption to make predictions about behavior.
• Apply economic models to business cases for the purpose of evaluating decisions.
• Use economic models of risky choice and time discounting to evaluate decisions.
• Use economic models of monopolistic competition to make predictions about behavior.
• Use basic concepts of game theory in simple games to make behavioral predictions.

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