ECO 550-Managerial Economics and Globalization

Applies relevant economic theory to develop a framework of analysisand techniques that business managers can use in deciding how toallocate a firm's scarce resources to achieve its objectives. Useseconomic analysis to support business strategy decisions thatpromote competitiveness in an environment of changing domesticand international market conditions, government regulations, tradepolicies, and resource availability. Systematically analyzes how globaleconomic integration affects the production, input sourcing, andpricing decisions of firms operating in different market structures.