1 UNIVERSITY OF SOUTHERN CALIFORNIA Marshall School of Business Department of Finance and Business Economics ECON 251x: Microeconomics for Business Spring 2012 Location: GFS 223 Day & Time: MW 10:00-11:50am Section Number: 26064R ________________________________________________________________________ Professor:Rahşan Akbulut Office:ACC 301 K Office hours:MW 2:00pm - 3:30pm, or by appointment Department Phone: 213-740-6515 E-mail:[email protected]________________________________________________________________________ Course Description: The purpose of ECON-251 Microeconomics for Business is to develop our understanding of how markets work and to explore the challenges and opportunities that markets pose for governments, managers and firms. The course introduces and applies basic economic principles to address issues that arise in a firm’s relationships with customers, suppliers, competitors, employees, other organizations and the regulatory environment. Microeconomics also provides some fundamental building blocks for other courses, including Macroeconomics, Marketing, and Corporate Finance. Prerequisites: I will assume that you are familiar with basic algebra and calculus. You should expect exam questions requiring calculations. MATH 118 is a prerequisite for ECON 251. Required Course Material: The required textbook for this course is Microeconomicsby Pindyck and Rubinfeld: Prentice Hall, 7thedition (2008). [ISBN-10: 1256405779] The textbook is bundled with the MyEconLab Student Access Code Card and a study guide.
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