Apr 15, 2026  
2014-2015 Graduate Academic Catalog 
    
2014-2015 Graduate Academic Catalog [ARCHIVED CATALOG]

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MG 724 - Managerial Economics

3 lecture hours 0 lab hours 3 credits
Course Description
Basic microeconomic theory is introduced, including a review of the organization’s environment and goals, demand, production and cost theory, and its integration under various market structures (perfect competition, monopoly, oligopoly and monopolistic competition). The application of this theory is made to issues of industry structure and managerial decision-making with respect to pricing of goods and services, and of inputs to production decisions. The use of marginal and incremental cost analysis in making managerial decisions is discussed. (prereq: MG 620 , MG 633 )
Course Learning Outcomes
Upon successful completion of this course, the student will be able to:
No course learning outcomes appended.
Prerequisites by Topic
None appended
Course Topics
No course topics appended.
Laboratory Topics
None appended
Coordinator
Paul Hudec



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