NCC 5020 - Microeconomics for Management

Fall, Summer. 2.5 credits. Letter grades only (no audit).

Enrollment limited to: Johnson MBA first year students. Co-meets with NCCY 5020. Johnson School core course.

M. Waldman.

Introduces microeconomic theory and applies it to problems faced by managers. Topics include supply and demand, consumer behavior, pricing when a firm has market power, and the role of contracts. The course employs a lecture format and emphasizes problem solving. Grading is based on quizzes, a midterm and a final exam.