Applied Microeconomics

Course Code
BE 502
Hours
2.25 hours
Type
Core
Offered
  • Fall 18 (A)
  • Fall 19 (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
  • Professor of Business Economics and Public Policy
  • Michael R. and Mary Kay Hallman Fellow
  • Chair of Business Economics and Public Policy
Ari Shwayder
  • LEO Lecturer of Business Economics and Public Policy