Applied Microeconomics

Course Code
BE 502
Hours
2.25 hours
Type
Core
Offered
  • Fall 21 (A)
  • Fall 22 (A)
Prerequisites
No credit in BE 501

Applied Microeconomics --- This course provides students with the foundations of microeconomic analysis. The primary objective is to develop the abilities of students to apply fundamental microeconomic concepts to a wide range of managerial decisions, as well as public policy issues. Foundation topics include: costs and supply behavior of the firm; consumer behavior and market demand; market forces, price formation and resource allocation; international trade and trade restrictions; and, market power and price-setting behavior. Students will also be introduced to more advanced aspects of microeconomic analysis. Advanced topics include; decision-making with risk and imperfect information; and, complex pricing strategies.

Taught By
Jagadeesh Sivadasan
  • Buzz and Judy Newton Professor of Business Administration
  • Area Chair, Business Economics and Public Policy
  • Professor of Business Economics and Public Policy
Jagadeesh Sivadasan is the Buzz and Judy Newton Professor of Business Administration in the Business Economics and Public Policy group of the Ross...
Nirupama Rao
  • Sanford R. Robertson Assistant Professor of Business Administration, Assistant Professor of Business Economics and Public Policy
Nirupama Rao is an Assistant Professor of Business Economics and Public Policy at the Ross School of Business at the University of Michigan. Her...