Econ 419 Syllabus - Managerial Economics Maymester 2010...

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Managerial Economics Maymester 2010 Professor: Bob Holland Office: TTh 1:00 – 4:00 p.m. Krannert 425 hollandr@purdue.edu In this class we will study economic tools managers can use to become more effective decision makers. Basic tools include present value/future value analysis, marginal analysis, supply and demand modeling, interpreting regression analyses, adoption of efficient production plans, minimizing costs, and profit maximizing behavior in markets characterized by perfect competition, monopolistic competition, and monopoly. More advanced tools include application of game theory to develop market strategies in markets characterized by oligopoly, where we expect both price and non-price competition. We also consider the role of asymmetric information, risk, and risk aversion in the organization of the firm and in the markets in which it operates and formulating effective strategies in auctions. Texts:
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This note was uploaded on 05/18/2010 for the course ECON 419 taught by Professor Holland during the Summer '10 term at Purdue University-West Lafayette.

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Econ 419 Syllabus - Managerial Economics Maymester 2010...

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