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Material Type: Lab; Professor: Mafoua; Class: MANAGERIAL ECONOMICS; Subject: Economics; University: SUNY College of Technology at Canton; Term: Fall 2006;
Typology: Lab Reports
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Prepared by: Karen Spellacy and Edouard Mafoua SCHOOL OF BUSINESS AND LIBERAL ARTS BUSINESS DEPARTMENT Fall 2006
TITLE: Managerial Economics YYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYY COURSE NUMBER: ECON 314 SHORT TITLE: Managerial Economics ZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ CREDIT HOURS: 3 AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA WRITING INTENSIVE COURSE: No BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBCOURSE LENGTH: 15 weeks CCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCSEMESTER(S) OFFERED: Spring DDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDD HOURS OF LECTURE, LABORATORY, RECITATION, TUTORIAL, ACTIVITY: 45 scheduled hours per semester EEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE CATALOGUE DESCRIPTION: Global case studies from the private, public and non profit sectors will be utilized to illustrate the application of economic theory and quantitative methods to managerial decision making. Students will engage in problem solving exercises that will integrate various principles of business, statistics and economics to determine market forecast, pricing strategy, resource usage, and production level. Prerequisites: (ACCT 101 and a student must have meet the General Education Requirement in Mathematics) OR ECON 103 OR permission of instructor. GER 3 Approved FFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFFF PRE-REQUISITES/CO-COURSES: [ACCT 101 AND GER 1 (Mathematics)] or ECON 103 GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG STUDENT LEARNING OUTCOMES: Students will be able to:
MMMMMMMMMMMMMMMMMMMMMMMDLII. Introduction to Managerial Economics A. Goals of Managerial Decisions
a. Net Present Value b. Internal Rate of Return c. Profitability Index