Course Descriptions

Course catalog descriptions for courses offered in all currently published terms.

Business Economics

 
BE 501 Applied Microeconomics
  3 hours Core Terms Offered: S13, S14, F13, F14
  Course Prerequisites: No credit in BE 502, 503 
   
  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.