ECON600 - Managerial Economics
Course Code: ECON600 Course ID: 2713 Credit Hours: 3 Level: Graduate
This course is designed to use economic analysis to enhance business decision-making within private businesses, not-for-profit institutions, and public agencies. Economic concepts covered include demand analysis, production and cost analysis, linear programming applications, pricing policies and regulation.
|Registration Dates||Course Dates||Session||Weeks|
|05/21/21 - 10/29/21||11/01/21 - 12/26/21||Fall 2021 Session I||8 Week session|
|06/28/21 - 12/03/21||12/06/21 - 01/30/22||Fall 2021 Session D||8 Week session|
|07/27/21 - 12/31/21||01/03/22 - 02/27/22||Winter 2022 Session B||8 Week session|
|08/31/21 - 02/04/22||02/07/22 - 04/03/22||Winter 2022 Session I||8 Week session|
|09/28/21 - 03/04/22||03/07/22 - 05/01/22||Winter 2022 Session D||8 Week session|
|10/26/21 - 04/01/22||04/04/22 - 05/29/22||Spring 2022 Session B||8 Week session|
LO-1. Demonstrate the purpose of managerial economics.
LO-2. Analyze decision-making strategies using the six-step model.
LO-3. Compute a firm’s profit-maximizing level of output using marginal analysis.
LO-4. Construct a decision-making process taking into account every step of the 6-step model.
LO-5. Appraise the effectiveness of situations of price discrimination.
LO-6. Analyze the determinants of price discrimination.
LO-7. Differentiate between short-run and long-run profit-maximization strategies.
LO-8. Examine the influence of marginal input costs on production decisions.
LO-9. Examine the difference between economies of scale and economies of scope.
LO-10. Apply optimization concepts to cost minimization and optimal decision making.
LO-11. Differentiate between the factors that create movements along demand and supply curves, and those that shift these curves.
LO-12. Analyze complex business decisions using marginal analysis.
LO-13. Assess competitive and monopolistic outcomes.
LO-14. Synthesize the pricing strategies of the four dominant market structures.
LO-15. Assess a specific industry in terms of its market structure and its pricing behavior.
LO-16. Evaluate the demand and pricing of information goods.
|Forum Post 1||4.29 %|
|Forum Post 2||4.29 %|
|Forum Post 3||4.29 %|
|Forum Post 4||4.29 %|
|Forum Post 5||4.29 %|
|Forum Post 6||4.29 %|
|Forum Post 7||4.29 %|
|Research Projects||70.00 %|
|Research Project 1||28.00 %|
|Research Project 2||42.00 %|
|Book Title:||Various resources from the APUS Library & the Open Web are used. Please visit http://apus.libguides.com/er.php to locate the course eReserve.|
|Author:||No Author Specified|
Not current for future courses.