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The course in Managerial Economics will provide a brief introduction into economic issues important for business students and applied economists. The main focus is to show how rigorous modeling can help students understand important phenomena in business enterprises. In this way, economic principles can assist in focusing and organizing ideas, explain real world behavior, and help to make well-informed decisions.
Topics: Knowledge of microeconomics applied to managerial behavior and companies; company pricing and product policies, elementary principles of game theory, corporate organization, auctions, types of markets, market entry, and decision-making in tentative situations.
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