Jul 19, 2024  
2018-2019 Springfield College Graduate Catalog 
    
2018-2019 Springfield College Graduate Catalog [ARCHIVED CATALOG]

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.

Credits: 3