Description
Managerial economics focuses on how economics affects the internal organization of a business and the external environment in which businesses and organizations operate. This is accomplished by examining economic history and theory and applying the lessons to strategic management decisions. Topics covered include: microeconomics with focus on how individual consumers and businesses interact in a market economy; macroeconomics with focus on GDP, monetary and fiscal policies and aggregate behavior and integration of the two in managerial decision making.
Offered: Online and on campus
(Three credit hours)