ECP 5705: Professor Elias Dinopoulos

General Information

Course description: Managerial economics uses economic tools to analyze the decision-making process of business executives. This course provides a comprehensive treatment of economic principles that are used explicitly or implicitly in determining the behavior of consumers, firms, and policy makers. Since managerial decisions often require numerical solutions, algebraic, statistical and geometric techniques will be used in the the course to interpret and analyze these decisions..

Grades: There will be two tests, and a group project. Grade weights will be approximately as follows: Each test 30%, group project 40%. The distribution of class grades will be based on the guidelines adopted by the MBA Faculty Program Committee which state that all courses in the working professional MBA programs will maintain a maximum mean grade point average of 3.5 (25% A, 50% B+, 25% B). Grades of C+, C and below will be given when student performance warrants. Employer reimbursement policy will not affect the grade a student earns for this course. Please read the “MBA Student Performance and Accountability” guidelines  for more information on these issues.

Team Project : A downloadable handout, located in the project section of this web site, provides more information on the project.

Textbook: W. Bruce Allen, Neil Doherty, Keith Weigelt, and Edwin Mansfield, Managerial Economics, Sixth Edition, 2005, W.W. Norton