ECO 450 - Managerial Economics

The economic model of the firm is developed with emphasis on the increased importance of the efficient use of scarce economic resources. Demand estimation techniques, forecasting, cost analysis, use of economic methodology to execute competitive strategy under conditions of perfect competition, monopoly, monopolistic competition and oligopoly are examined using regression analysis. Course Typically Offered: Every year.

Prerequisite(s): ECO 101S and ECO 102S; for students in HIS, ECO 101S or ECO 102S.

Credits: 4