Middlebury Institute of International Studies at Monterey

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MBAG8561

Managerial Economics


This course will apply the fundamental principles and models of economics to managerial strategy and decision-making. The objective of the course is to enable managers to make more efficient strategic choices, based on empirical evidence from economics of competition, investment, entrepreneurship and innovation. Students will be provided with modern economic tools that can be used to aid and improve organizational and corporate decisions. Applications from Microeconomics will look at how competitive pressures, entrepreneurship and regulatory systems shape corporate decisions on product development, investment, pricing and marketing. Macroeconomic aspects of the course will look at how global and domestic environments of economic growth cycles, debt, equity markets, investment, as well as monetary, fiscal and regulatory policies shape companies choices as what should be produced, where company operations should be located, which markets to enter and how to structure corporate and ESG risk management systems. The stress in the course will be on applied, evidence-based use of theoretical frameworks and case studies, relating to real world applications of economic thinking to boardrooms and C-level executive decisions. Current news flows concerning corporate strategies, decisions and responses to risks will be the core focus of the course analysis. Student’s ability to apply the material presented in print and in lecture will be the primary measure of success in this course.

Subject:
International Management
Department:
International Management
Division:
Intl Policy & Management
Requirements Fulfilled:
Equivalent Courses:
IMGT8561

Sections

Fall 2016 - MIIS

MBAG8561A-F16 Lecture (Gurdgiev)

Fall 2015 - MIIS

MBAG8561A-F15 Lecture (Ruehsen)