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Springfield College Course Info

Springfield, Massachusetts


Course Info

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ECON 601

Economics of the Firm in Contemporary Society

In this course, microeconomic theory is applied to the analysis of the business firm. Principals from economics and business are developed and integrated, with emphasis on management decision-making and policy formation. Economic tools important for optimal decision-making and effective corporate/business management are studied. Key teaching points involve the exploration of the rationale for the economic tools and their roles in market power, demand forecasting, and risk management, among other critical management decisions

Units: 3.0