The aim of the course is to present decision problems and the economic analysis needed to guide these decisions. Microeconomic tools are used to structure complicated decision problems about production, pricing, investment, and other strategic issues and address uncertainty through probabilistic forecasts and sequential decisions. An important part of the course is to develop an understanding of the external environment in which firms operate by analyzing the implications of market structure, macroeconomic developments and policy, and other forms of public policy toward business.

Note that this information may change at any time. Please visit the MyBU Student Portal for the most up-to-date course information.