Managerial Economics is the application of economic theory and methodology to managerial decision-making problems within various organizational settings. Managerial Economics is concerned with the application of economic principles and methodologies to key management decisions. A primary purpose of the course is to develop tools useful in other Atlantis University courses since economics is the foundation for much of what is taught in finance, marketing, business strategy and many other courses in the MBA program. Additionally, this course seeks to teach you how to increase a company’s profitability by applying economic analysis to a wide array of business problems, using a problem-solving approach to achieve such objective.
In this course, you will spend a total of 48 hours in class which are distributed throughout all weeks, but you will also spend 96 hours out of class reading, researching, and using the library in order to be able to do all assignments.