Graduate School of Management

Managerial economics deals with the application of the economic concepts, theories, tools, and methodologies to solve practical problems in a business. It helps the manager in decision making and acts as a link between practice and theory". It is sometimes referred to as business economics and is a branch of economics that applies micro-economic analysis to decision methods of businesses or other management units.

This course covers most of the topics of managerial economics including micro, macro, and managerial economic relationship; demand forecasting, production and cost analysis, market structure and pricing theory. It will give them an in-depth overview of the major topics of management economics.