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BECN 2401 - ECONOMIC ANALYSIS FOR MANAGERIAL DECISION: FIRMS AND MARKETSMinimum Credits: 3 Maximum Credits: 3 This course develops an understanding of how market-based economic systems reconciles the separate needs of consumers and producers, and provides an economic framework for managerial decisions. Topics include: pricing, output, and quality decisions; the impact of productivity improvements on costs; quality-cost tradeoffs; transactions costs as a determinant of the boundaries of the firm; market imperfection and the role of regulation. Academic Career: Graduate Course Component: Lecture Grade Component: Grad LG/SU3 Basis Course Requirements: Katz Grad School of Business students only.
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